On 19 October, an article from McCarthy Tétrault LLP considers the recent FATF follow-up report.  It says that 8 FATF Recommendations were re-rated, 7 of which saw ratings increase. One FATF Recommendation pertaining to non-profit organisations saw its rating decrease from “Compliant” to “Partially Compliant”.  Canada is no longer Non-Compliant with any FATF Recommendation.


Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s