The November 2021, 1st follow-up report on Gibraltar, following its mutual evaluation report of December 2019, has been released.  It says that Gibraltar has made progress to address the Technical Compliance (as normal, the report does not address effectiveness ratings) deficiencies identified in the MER.  As a result of this progress, Gibraltar has been re-rated on FATF Recommendations 1, 11, 12, 13, 22, 24, 25, 26 and 28.  Recommendation 15 is re-rated from C to LC.  Gibraltar will remain in enhanced follow-up, and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures; and is expected to report back within 3 years.

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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