JAMAICA: AML/CFT FOLLOW-UP REPORT

On 20 December, FATF published the Fifth Enhanced Follow-Up Report for Jamaica, saying that it has made significant progress in addressing the technical compliance deficiencies identified in its 2017 Mutual Evaluation Report and has been re-rated on 6 FATF Recommendations – 5 to Largely Compliant and one other to Compliant.  The MER was undertaken by FATF-style regional body, CFATF.  Jamaica has 33 Recommendations rated Compliant/Largely Compliant.  The country remains in enhanced follow-up and will report back to CFATF on progress to strengthen its implementation of AML/CFT measures.

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

https://www.cfatf-gafic.org/home/cfatf-news/760-jamaica%E2%80%99s-progress-in-strengthening-measures-to-tackle-money-laundering-and-terrorist-financing-2

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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