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FATF - Consolidated assessment ratings Overview
List of Countries ranked by AML/CTF Recommandations Effectiveness and Technical Compliance
Creation 27th of October 2019
Last update 23rd of October 2023
Through its nine FATF-Style Regional Bodies (FSRBs), the Financial Action Task Force (FATF) brings together a global network of 205 jurisdictions that are committed at the highest political level to implement the FATF's 40 Recommendations.
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Through its nine FATF-Style Regional Bodies (FSRBs), the Financial Action Task Force (FATF) brings together a global network of 205 jurisdictions that are committed at the highest political level to implement the FATF's 40 Recommendations.
FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effective their respective members' AML/CFT measures work in practice and how well they have implemented the technical requirements of the FATF Recommendations.
This is done through a Mutual Evaluation report (MER) which can be described as an assessment document that evaluates a country's compliance with international anti-money laundering and counter-terrorism financing standards.
It involves on-site visits, evaluations of legal and operational frameworks, and the identification of strengths and weaknesses. This report is published and can impact a country's financial reputation, potentially leading to corrective actions and improved AML/CFT measures. The process encourages international cooperation to enhance global financial security and compliance with FATF standards.
The assessment team conducts an on-site visit to the country under review. During this visit, they meet with government officials, regulators, law enforcement agencies, and private sector representatives to gather information and assess the country's AML/CFT system.
Follow-up reports (FUR) are subsequent assessments to monitor a country's progress in addressing deficiencies identified in a previous mutual evaluation report. These reports track the implementation of recommended actions and assess the country's commitment to strengthening its AML/CFT measures. They play a crucial role in holding countries accountable for their commitments, ensuring ongoing compliance with international standards, and safeguarding the integrity of the global financial system.
The data visualisation chart above provides an overview of the ratings that the assessed countries obtained for effectiveness and technical compliance. These should be read in conjunction with the detailed mutual evaluation reports, which are available on FATF website (https://www.fatf-gafi.org/).
FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effective their respective members' AML/CFT measures work in practice and how well they have implemented the technical requirements of the FATF Recommendations.
This is done through a Mutual Evaluation report (MER) which can be described as an assessment document that evaluates a country's compliance with international anti-money laundering and counter-terrorism financing standards.
It involves on-site visits, evaluations of legal and operational frameworks, and the identification of strengths and weaknesses. This report is published and can impact a country's financial reputation, potentially leading to corrective actions and improved AML/CFT measures. The process encourages international cooperation to enhance global financial security and compliance with FATF standards.
The assessment team conducts an on-site visit to the country under review. During this visit, they meet with government officials, regulators, law enforcement agencies, and private sector representatives to gather information and assess the country's AML/CFT system.
Follow-up reports (FUR) are subsequent assessments to monitor a country's progress in addressing deficiencies identified in a previous mutual evaluation report. These reports track the implementation of recommended actions and assess the country's commitment to strengthening its AML/CFT measures. They play a crucial role in holding countries accountable for their commitments, ensuring ongoing compliance with international standards, and safeguarding the integrity of the global financial system.
The data visualisation chart above provides an overview of the ratings that the assessed countries obtained for effectiveness and technical compliance. These should be read in conjunction with the detailed mutual evaluation reports, which are available on FATF website (https://www.fatf-gafi.org/).
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