Saint Lucia's progress in the combat against money laundering and terrorist financing

Publication details

Language

English

Country

Saint Lucia

FUR

Overall, Saint Lucia has made significant progress in addressing the technical compliance deficiencies identified in its Mutual Evaluation.

The country has been re-rated on the following Recommendations:

  • Recommendation 1 is upgraded from Partially Compliant to Compliant
  • Recommendation 2 is upgraded from Partially Compliant to Compliant
  • Recommendation 3 is upgraded from Partially Compliant to Largely Compliant
  • Recommendation 5 is upgraded from Partially Compliant to Compliant
  • Recommendation 10 is upgraded from Partially Compliant to Largely Compliant
  • Recommendation 12 is upgraded from Partially Compliant to Compliant
  • Recommendation 14 is upgraded from Partially Compliant to Largely Compliant
  • Recommendation 16 is upgraded from Non-Compliant to Compliant
  • Recommendation 17 is upgraded from Partially Compliant to Compliant
  • Recommendation 18 is upgraded from Partially Compliant to Compliant
  • Recommendation 19 is upgraded from Non-Compliant to Compliant
  • Recommendation 20 is upgraded from Partially Compliant to Compliant
  • Recommendation 22 is upgraded from Partially Compliant to Largely Compliant
  • Recommendation 23 is upgraded from Partially Compliant to Compliant
  • Recommendation 27 is upgraded from Partially Compliant to Compliant
  • Recommendation 29 is upgraded from Partially Compliant to Compliant
  • Recommendation 34 is upgraded from Partially Compliant to Compliant
  • Recommendation 35 is upgraded from Partially Compliant to Largely Compliant
  • Recommendation 37 is upgraded from Partially Compliant to Largely Compliant
  • Recommendation 40 is upgraded from Partially Compliant to Largely Compliant

Saint Lucia remains partially compliant with Recommendation 15 and 38.

Saint Lucia has 30 Recommendations rated C/LC. Saint Lucia will remain in enhanced follow-up based on effectiveness ratings. Saint Lucia’s next enhanced follow-up report is due November 2024.

CFATF Saint Lucia Follow-Up Report - 2024

Filename
Saint Lucia-CFATF-4mer-3fur-.pdf
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850 KB
Format
application/pdf
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Earlier reports

  • 2 Feb 2021

    Saint Lucia's measures to combat money laundering and terrorist financing This report provides a summary of the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) measures in place in Saint Lucia as at the date of the on-site visit September 16th-27th, 2019. It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Saint Lucia's AML/CFT system and provides recommendations on how the system could be strengthened

  • 8 Nov 2011

    Follow-up Reports to the Mutual Evaluation of Saint Lucia The follow-up reports, presented at the CFATF Plenary meetings, provide an analysis of the progress made by Saint Lucia to correct the deficiencies identified in the Mutual Evaluation Report MER which was adopted by the CFATF Council of Ministers in November 2008.

  • 21 Nov 2008

    Mutual Evaluation of Saint Lucia Saint Lucia is a member of CFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Saint Lucia was conducted by CFATF.

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