UK: FATF AML/CFT MUTUAL EVALUATION FOLLOW-UP REPORT

On 9 June, FATF published a follow-up report following the 2021 mutual evaluation report.  It says that the country has taken a number of actions to strengthen its framework, and FATF has now re-rated the country on Recommendation 13 from partially compliant to Compliant.  Hence, the UK is compliant on 24 FATF Recommendations and largely compliant on 15 others.  It remains partially compliant on 1 Recommendation.  The UK will remain in regular follow-up and will continue to inform the FATF of progress achieved on improving the implementation of its AML/CFT measures.

https://www.fatf-gafi.org/media/fatf/documents/reports/fur/Follow-Up-Report-United-Kingdom-2022.pdf

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.buymeacoffee.com/KoIvM842y

NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

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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