FATF’s mutual evaluation process is crucial to determine whether countries are taking effective action against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The next cycle of assessments will place an even greater focus on effectiveness and on the major risks and context that are facing the country. Each assessment in the FATF’s Global Network of over 200 countries and jurisdictions, is conducted by a team of experts from different Global Network members. Prior to taking part in an assessment, these experts need to successfully complete an assessor training, where they learn more about the application of the FATF Standards and how to assess countries’ measures against technical compliance and effectiveness requirements.
From July 8 to 12, 2024, 48 individuals from 27 jurisdictions of the CFATF region and the FATF Global Network attended the joint assessment training. GABAC took part to this joint assessors training session and during five days, trainees learnt how to measure the effectiveness and technical compliance of countries’ actions to tackle illicit finance against the Methodology for the next round of mutual evaluations.
