Iceland needs better internal cooperation and coordination to effectively tackle money laundering and terrorist financing.
Outcomes from the workshop on anti-money laundering /countering the financing of terrorism for judges and prosecutors in Europe: experiences, challenges and best practices. Workshop organised with the collaboration of MONEYVAL and OSCE.
Since their 2014 mutual evaluation, Spain has made progress in addressing technical compliance deficiencies. The country is now rated 'compliant' on 28 of the 40 Recommendations.
The FATF has re-rated Norway on 8 of the 40 Recommendations as a result of the country's progress in addressing the technical compliance deficiencies identified in their 2014 mutual evaluation.
To support financial innovation that is resiliant to money laundering and terrorist financing, the FATF has launched a new platform to share initiatives and developments for the benefit of governments and the private sector more broadly: FATF FinTech and RegTech Initiative
The FATF has identified jurisdictions with strategic deficiencies in their frameworks to combat money laundering and the financing of terrorism and proliferation: jurisdictions for which an FATF call for action applies and other monitored jurisdictions
Combatting terrorist financing is the top priority for the FATF, the intergovernmental body responsible for understanding terrorist financing risks, developing global standards and evaluating countries' compliance: FATF's focus on terrorist financing
The FATF Recommendations, the international anti-money laundering and combating the financing of terrorism and proliferation (AML/CFT) standards, and the FATF Methodology to assess the effectiveness of AML/CFT systems.
