FATF: JAMAICA AML/CFT FOLLOW-UP REPORT

On 21 January, FATF published the follow-up report on Jamaica following its 2017 mutual evaluation review (MER) undertaken by CFATF.  It says that, overall, Jamaica has made noteworthy progress in addressing the technical compliance deficiencies identified in its 2017 Mutual Evaluation Report and has been re-rated on 13 FATF Recommendations –

  • Recommendations 12, 21, 33 are re-rated as Compliant;
  • Recommendations 2, 6, 10, 11, 14, 17, 18, 19 are re-rated as Largely Compliant;
  • Recommendation 8 is re-rated as Partially Compliant; and
  • Recommendation 15 is re-rated as Partially Compliant.

Jamaica will remain in enhanced follow-up and will continue to report back to the CFATF on progress to strengthen its implementation of AML/CFT measures.

http://www.fatf-gafi.org/media/fatf/documents/reports/fur/CFATF-Follow-Up-Report-Jamaica-2021.pdf

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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