1. SEYCHELLES SECOND FOLLOW-UP REPORT
FATF reports that Recommendations 1 has been re-rated to C, and Recommendations 26 and 29 have been re-rated to LC. However, Seychelles will remain in enhanced follow-up and will continue to inform the FATF-style regional body, ESAAMLG, of the progress made in improving and implementing its AML/CFT measures.
2. MADAGASCAR FIRST FOLLOW-UP REPORT
FATF says Madagascar has made little progress since its 2018 mutual evaluation report and, in the case of 5 identified deficiencies referring to specific FATF Recommendations, the information currently provided does not indicate that the country has made sufficient progress to warrant re-rating. According to the follow-up process, Madagascar will continue to report back to the ESAAMLG on its progress to strengthen its implementation of AML/CFT measures.
3. ETHIOPIA SEVENTH ENHANCED FOLLOW-UP REPORT
FATF says that Ethiopia continues to make progress, and one further FATF Recommendation has been re-rated, with Recommendation 7 upgraded from Partially Compliant to Largely Compliant.
4. MAURITIUS THIRD FOLLOW-UP REPORT
FATF says that Mauritius has made sufficient progress in addressing deficiencies in technical compliance identified in its mutual evaluation report to justify re-rating of 2 FATF Recommendations – with 26 and 32 re-rated to Largely Compliant. However, Recommendation 15 (new technologies) has been downgraded from Compliant to partially Compliant.
5. BOTSWANA FOURTH FOLLOW-UP REPORT
FATF says that, overall, Botswana has made progress in addressing deficiencies in technical compliance identified in its 2019 Follow-Up Report, with FATF Recommendations 6, 7 and 10 all re-rated from Partially to Largely Compliant. Botswana will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving the implementation of its AML/CFT measures.
I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y