Czech Republic's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Czech Republic

Topic

Mutual Evaluations

MONEYVAL Follow-Up Report Czech-Republic-2022

Filename: MONEYVAL-Follow-Up-Report-Czech-Republic-2022.pdf
Size: 539 KB
Format: application/pdf

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Overall, the Czech Republic has made some progress in addressing the Technical Compliance deficiencies identified in its 5th Round Mutual Evaluation.

However no re-rating has been granted on Recommendation 32.

The country is encouraged to continue its efforts to address the remaining deficiencies.

The Czech Republic will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures. The Czech Republic is expected to report back in one year’s time.

28 Jan 2022

Czech Republic's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report sets out the progress that the Czech Republic has made in improving its level of compliance with the FATF standards, since their 2018 mutual evaluation and 2020 follow-up report.
1 Sep 2020

Follow-Up Report to the Czech Republic's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses the Czech Republic's progress in addressing certain technical compliance deficiencies identified in its MER.
14 Feb 2019

Czech Republic's measures to combat money laundering and terrorist financing This report provides a summary of AML/CFT measures in place in the Czech Republic as at the date of the on-site visit (5 to 16 March 2018). It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of the Czech Republic's AML/CFT system, and provides recommendations on how the system could be strengthened
12 Apr 2011

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

Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

C = compliant | LC = largely compliant | PC = partially compliant | NC = non-compliant

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MONEYVAL

The FATF Recommendations

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system

Read more Consolidated assessment ratings

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