FATF mutual evaluation process

The mutual evaluation process represents a central pillar of the work of the Financial Action Task Force (FATF). The evaluations are based on the Forty Recommendations 2003 and the Nine Special Recommendations 2001 and use the Anti-Money Laundering/Combating Terrorist Financing (AML/CFT) Methodology 2004. The scope of these evaluations is to assess whether the necessary laws, regulations or other measures required under the new standards are in force, that there has been a full and proper implementation of all necessary measures and that the system in place is effective. (Review the Mutual Evaluation Process and Reports.)