Enhanced Follow-Up Process: What Happens When a Country is Placed on Enhanced Follow-Up?

The Fourth Round of Mutual Evaluations of the FATF

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Question

In the follow-up process of the fourth round of Mutual Evaluations of the FATF, what happens when a country is placed on enhanced follow-up?

Answers

A. If the country submits its implementation plan, it is freed from other enhanced measures that may be applied until the next evaluation by FATF.

B. The country is required to remain on enhanced follow-up status until the next FATF mutual evaluation.

C. The country undergoes a follow-up FATF assessment five years after the initial enhanced follow-up placement.

D. The country has to report back its implementation plan at the first FATF general meeting after the adoption of the evaluation report by FATF.

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Explanations

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A. B. C. D.

https://www.fatf-gafi.org/publications/mutualevaluations/documents/4th-round-procedures.html

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The Financial Action Task Force (FATF) is an inter-governmental organization that sets international standards to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. FATF conducts mutual evaluations of

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