On 5 October, FATF released the second follow-up after the 2019 mutual evaluation review (MER). Finland has been in an enhanced follow-up process following the adoption of its MER, and the country has reported back to the FATF on the action it has taken since. Consequently, to reflect Finland’s progress, the FATF has now re-rated the country on Recommendations 34 (Guidance and Feedback), from partially compliant to compliant. The report also looks at whether Finland’s measures meet the requirements of FATF Recommendations 2 and 15, which have changed since their MER. FATF has agreed to upgrade Finland on Recommendation 2 (National Co-operation and Co-ordination) from partially compliant to largely compliant, and downgrade the rating for Recommendation 15 (New technologies) from largely compliant to partially compliant. Hence. Finland is now compliant on 9 of the 40 FATF Recommendations, largely compliant on 23 others, and partially compliant on 8 Recommendations. It will continue to report back to FATF on its progress. Note that, as usual with such follow-up reports, this report only addresses technical compliance ratings, and not effectiveness.