FATF Evaluation Documents

Evaluation of Laws and Systems in FATF Members Dealing with Asset Confiscation and Provisional Measures

This paper presents an analysis of members’ responses to a questionnaire on measures taken by FATF members regarding the laws and systems they have in place as at 1 March 1997 in relation to confiscation and provisional measures, both under their domestic systems and pursuant to international mutual legal assistance. In addition responses were sought on the position of FATF members on three other topics - confiscated asset funds, co-ordination of seizure and confiscation proceedings, and asset sharing.

Financial Action Task Force

Evaluation of Measures Taken by FATF Members Dealing with Customer Identifcation

This paper presents a synthesis of measures taken by FATF members in relation to customer identification requirements and record-keeping rules. It deals with both the identification regime set up by members and the practical problems which may have arisen.

Financial Action Task Force

Review of FATF Anti-Money Laundering Systems and Mutual Evaluation Procedures 1992-1999

It is now more than 10 years since the formation of the FATF, and throughout almost all of that time the mutual evaluation process has formed one of the central pillars of FATF work. Under this process, each FATF member country is examined by a team of selected experts from other member countries of the FATF and a report is drawn up. The purpose of this exercise is to provide a comprehensive and objective assessment of the extent to which the country in question has moved forward in implementing measures to counter money laundering and to highlight areas in which further progress may still be required. The two rounds of mutual evaluations have provided the principal method by which the FATF has monitored the implementation of the Forty Recommendations, and has assessed the effectiveness of the anti-money laundering systems in FATF member jurisdictions. The mutual evaluation process has been supplemented by an annual selfassessment exercise, and also to a lesser extent, by the three cross-country surveys which have been conducted. However, these processes have not provided the same degree of depth or detail which is required to effectively evaluate the anti-money laundering systems in different FATF member jurisdictions.

Financial Action Task Force