Introduction
The FATF Plenary adopted the mutual evaluation report (MER) of China in February 20191 and its 1st enhanced follow-up report (FUR) with technical compliance reratings in October 2020. 2 This 2nd enhanced FUR analyses China’s progress in addressing the technical compliance deficiencies identified in its MER relating to Recommendations 3, 8, 16, 18, 29, 35 and 38. No Recommendations have changed since the adoption of its 1st enhanced FUR.
Re-ratings are given where sufficient progress has been made. Overall, the expectation is that countries will have addressed most if not all technical compliance deficiencies by the end of the third year from the adoption of their MER. This report does not address what progress China has made to improve its effectiveness.
No comments:
Post a Comment