Practice of Providing AML/CFT Input for FSSA/FSAs Under Current Policy1
|Optimal: Key Findings with a current ROSC||Second Best: Key Findings without a current ROSC||Sub-Optimal: No Key Findings|
|Basis||From an AML/CFT assessment conducted within 18 months prior to the FSAP mission and finalized before the FSSA.2||Country assessed under the most current methodology, more than 18 months and less than 5 years prior to the FSAP mission.3||No full assessment under the most current by methodology by the time of the FSSA.4|
This table reports only on the practice of providing timely AML/CFT information into the FSSA and not whether the tenets of FSAP AML/CFT policy relating to timeliness and frequency of assessments was were technically observed.
Included rare circumstance when there was an FSAP re-assessment and there had been a significant deterioration of the AML/CFT environment since the last AML/CFT assessment, and agreement reached under the burden sharing agreement to bring next assessment forward.
Key findings were supported by a technical note (updating the information from the latest assessment, including from follow-up reports).
Policy allowed AML/CFT assessments to be completed up to 18 months after the FSAP mission. Thus, if an assessment was underway, but incomplete, the FSSA usually included reference to the timing of the forthcoming ROSC and the ROSC was circulated as a supplemental document after the FSSA.