FATF Compliance Methodology Documents

Methodology for Assessing Compliance with the FATF 40 Recommendations and the FATF 9 Special Recommendations

This document consists of three sections. Following this introduction, the first section consists of an overview of the assessment methodology, its background, how it will be used in evaluations/assessments, and a description of what is necessary for an effective anti-money laundering and combating the financing of terrorism ("AML/CFT") system. The second section contains guidance and interpretation concerning the Methodology, including on the essential criteria, the additional elements and on compliance. The third section sets out the essential criteria and the additional elements for each of the FATF Recommendations. Finally, there is annex to the Methodology that sets out definitions or meanings for many of the words or phrases that are used in the document.

Financial Action Task Force
June 2006

Methodology for Assessing Compliance with Anti-Money Laundering and Combating the Financing of Terrorism Standards

This document consists of two sections. Following this introduction, the first section consists of an overview of the assessment methodology, its background, a description of the structure of the document, and of certain conditions that are not included in the assessment criteria but that are nevertheless necessary for an effective anti-money laundering and combating the financing of terrorism ("AML/CFT") system. The second section consists of the AML/CFT assessment criteria themselves, including related descriptive material. There is also an annex that maps the relationship between the assessment criteria and the FATF Forty and Nine Special Recommendations.

Financial Action Task Force
October 2002