2022 Procedures for the FATF AML/CFT/CPF Mutual Evaluations, Follow-Up and ICRG

Excerpt:  “The FATF conducts mutual evaluations and follow‑up monitoring for its members’ effectiveness in tackling money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction as well as the level of technical implementation of the FATF Standards. In the context of the work of its International Co-operation Review Group (ICRG), the FATF also identifies and works with countries and jurisdictions from across the Global Network with strategic deficiencies in this area. This document sets out the procedures that are the basis for the mutual evaluation, follow‑up and ICRG processes and should be read in conjunction with the Consolidated Processes and Procedures for AML/CFT/CPF Mutual Evaluations and Follow-up (Universal Procedures) and the FATF Methodology.”