FATF Follow-up Report on Germany Compliance

01 December 2023

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FATF Follow-up Report on Germany Compliance

The Financial Action Task Force (FATF) has published a follow-up report and technical compliance re-ratings for Germany.

Firms with operations in or exposure to Germany should read the follow-up report to gain further insights into the progress made by and technical compliance actions recommended for the country to take.

The report concludes that overall, Germany has made progress in addressing the technical compliance deficiencies identified in its Mutual Evaluation of 2010.

The following technical compliance ratings against the FATF Recommendations have been adjusted:

Recommendation 6 on targeted financial sanctions related to terrorism & TF is re-rated from Partially Compliant to Largely Compliant; and
Recommendation 7 on Targeted financial sanctions related to proliferation is re-rated from Partially Compliant to Largely Compliant.

Read the full report

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FATF Follow-up Report on Germany Compliance

01 December 2023

FATF Follow-up Report on Germany Compliance

The Financial Action Task Force (FATF) has published a follow-up report and technical compliance re-ratings for Germany.

Firms with operations in or exposure to Germany should read the follow-up report to gain further insights into the progress made by and technical compliance actions recommended for the country to take.

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