On 26 August, FATF published the 5th follow-up report. Overall, Mongolia has made significant progress in addressing the technical compliance deficiencies identified since the amendment of FATF Recommendation 15 and its last follow-up report and only minor deficiencies remain. Recommendation 15 has been re-rated Largely Compliant. Mongolia has 39 FATF Recommendations rated C/LC and will remain in enhanced follow-up and will continue to report back to the FATF-style regional body, APG, on progress to strengthen its implementation of AML/CFT measures. The next progress report is due 1 February.
Any modest contributions for my time and ongoing expenses are welcomed! At Buy me a Coffee one-off contributions start as low as $3, at
NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!