The Financial Action Task Force (FATF) has updated its methodology which is designed to assist assessors when they are conducting an assessment of a country’s compliance with the international anti-money laundering / counter financing of terrorism (AML / CFT) standards.

The methodology reflects the requirements set out in the FATF Recommendations and Interpretative Notes, which constitute the international standard to combat money laundering and the financing of terrorism and proliferation, but does not amend or override them.

The methodology helps assessors in identifying the systems and mechanisms developed by countries with diverse legal, regulatory and financial frameworks in order to implement effective AML / CFT systems; and are also useful for countries that are reviewing their own systems, including in relation to technical assistance needs.

View FATF Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT systems, 28 February 2018