A Policy Brief from RUSI on 21 February examines the common challenges of the mutual evaluation process and provides recommendations for jurisdictions, the FATF and FATF-style regional bodies (FSRB) to improve the next round. FATF is to conclude its Strategic Review, an exercise which analyses what can be learned from the latest, fourth round of mutual evaluations and considers what could be improved ahead of the fifth round, which is due to start in 2025. Notably, on measuring effectiveness, the Policy Brief says that FATF and FSRB Secretariats and members of the international and donor community must continue to reinforce that understanding risk is a dynamic and ongoing process and should not rely solely on producing a national risk assessment; and FATF and FSRB should review the guidance on gathering data to demonstrate effectiveness and consider whether the steer that they provide to jurisdictions on what data to collect is sufficient.
https://static.rusi.org/317_PB_FATF_Mutual_Evaluation.pdf
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