Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up Universal Procedures

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English

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Mutual Evaluations

Universal Procedures

The assessments of countries' effective implementation of the 2012 FATF Recommendations are conducted in accordance with the 2013 Assessment Methodology.

In principle, FATF-Style Regional Bodies (FSRBs) and International Financial Institutions, should be using the same or similar procedures as the FATF. While there is some flexibility in the procedural arrangements, there is a set of core elements that should apply to all assessments. This obligation is noted in the High-Level Principles and Objectives for FATF and FATF-style regional bodies which govern the relationship between FATF and FSRB.

Universal Procedures

Filename: FATF-Universal-Procedures.pdf
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29 Aug 2024

FATF Methodology
7 Oct 2020

2013 Procedures for the FATF Fourth Round of AML/CFT Mutual Evaluations
1 Mar 2018

High-Level Principles for the relationship between the FATF and the FATF-style regional bodies

Key documents in the FATF mutual evaluation process

Assessment Methodology 2022

The FATF amended its assessment methodology and procedures in 2022, and the Universal Procedures in 2023. The Global Network commenced a new round of evaluations in 2024 using these revised Universal Procedures. The Universal Procedures available above and the 2013 FATF Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT systems (see below) will continue to apply to countries being evaluated and those engaged in follow-up processes under the previous round of evaluations.

Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up: “Universal Procedures”

The set of core elements that apply to all anti-money laundering, counter-terrorist financing and counter-proliferation financing assessments and follow-up processes, in accordance with the 2022 FATF Methodology. These Universal Procedures were last revised in May 2024.

The 2022 and 2013 Methodologies for Assessing Technical Compliance with the FATF Recommendations and the Effectiveness of AML/CFT/CPF Systems

These documents are guides intended for use by assessors who are tasked with conducting a mutual evaluation. They provide a structured framework of analysis that ensures a level of consistency and high quality of the mutual evaluation reports produced. Latest update: August 2024

2022 Procedures for the FATF AML/CFT/CPF Mutual Evaluations, Follow-Up and ICRG

This document sets out the Procedures for the mutual evaluations, follow-up and ICRG processes conducted during the 5th Round of Mutual Evaluations, against the FATF Methodology 2022.

Assessment Methodology 2013

The 2022 and 2013 Methodologies for Assessing Technical Compliance with the FATF Recommendations and the Effectiveness of AML/CFT/CPF Systems

29 Aug 2024

These documents are guides intended for use by assessors who are tasked with conducting a mutual evaluation. They provide a structured framework of analysis that ensures a level of consistency and high quality of the mutual evaluation reports produced. Latest update: August 2024

2013 Procedures for the FATF Fourth Round of AML/CFT Mutual Evaluations

This document sets out the procedures that are the basis for the fourth round of mutual evaluations which involves two inter-related components for technical compliance and effectiveness. Adopted in 2013, these Procedures were last amended in February 2023.

Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up Universal Procedures

The set of core elements that apply to all anti-money laundering and counter-terrorist financing assessments, in accordance with the FATF 2013 Methodology. These procedures were last revised in September 2022.