GAFILAT has reported that, on 2 December, the XLIV Meeting of the Plenary of Representatives of GAFILAT was held in hybrid format 29 November to 1 December, and its work included the following –

  • incorporation of El Salvador as a new member of the organisation was approved, and GAFILAT will formally begin both evaluation processes with the pre-evaluation visit scheduled for May 2023, with an MER scheduled for July 2024;
  • reports on Colombia and Cuba were discussed and approved, and the progress and compliance with the recommended actions in their respective mutual evaluation reports was reviewed.  The reports will be forwarded to FATF for quality and consistency analysis prior to publication;
  • follow-up reports were also received on Colombia, Costa Rica, Guatemala, Honduras, Nicaragua, Panama, Peru, the Dominican Republic and Uruguay;
  • postponement of the Mutual Evaluation of Bolivia for 6 months was approved, because of the impact of political changes that are taking place in the country, and GAFILAT will formally begin both evaluation processes with the pre-evaluation visit scheduled for October 2022, with the MER scheduled for December 2023;
  • the Guide to good practices for the development and implementation of National ALA/CFT Strategies was approved;
  • a Comprehensive study of the Sector of Designated Non-Financial Activities and Professions (APNFD) was approved;
  • a project to strengthen the effective approach to illegal mining as an emerging threat of money laundering in the region was approved;
  •  a document on the use of artificial intelligence, data mining and big data analysis in prevention and detection money laundering and the financing of terrorism was approved;
  • a guide on relevant aspects and appropriate steps for the investigation, identification, seizure and confiscation of virtual assets was approved;
  • a report on regional typologies of money laundering 2019-2020 in GAFILAT was approved; and
  • a document which identifies good practices on CFT regulation and monitoring of the NPO sector with a regional focus in line with FATF standards was approved; and
  • it was agreed that GAFILAT will conduct a review of the findings of the reports and the follow-up processes under the 4th Round of Evaluations in order to seek clarity on the priority points on which greater attention should be paid in the face of the 5th Round of Evaluations and in order to strengthen the legal and institutional framework of the member countries of the organisation.

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

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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