MONEYVAL confirms progress of the Isle of Man’s AML/CFT regime

The Authority would like to draw your attention to the 3^rd Enhanced Follow-up report & Technical Compliance Re-rating which has been published by MONEYVAL here. The report concluded that ‘Overall, the Isle of Man has made progress in addressing the Technical Compliance deficiencies identified in its 5^th round Mutual Evaluation Review’.

The Follow-up Report confirms the Island’s regime achieves strong technical compliance with the FATF recommendations; 39 out of the 40 recommendations are rated as compliant or largely compliant. An updated table of the Island’s Technical Compliance ratings can be found on the International Perspective and Assessments page.