Port of Spain, Trinidad and Tobago, May 14, 2026
As a result of The Commonwealth of Dominica’s progress in strengthening its framework to tackle money laundering and terrorist financing since their 2023 Mutual Evaluation, the Caribbean Financial Action Task Force (CFATF) has re-rated the country on 3 of the 40 Recommendations.
Dominica has been in an enhanced follow-up process, following the adoption of the CFATF mutual evaluation report, which assessed the effectiveness of its anti-money laundering and counter-terrorist financing (AML/CFT) measures and the country’s compliance with the FATF Recommendations. In line with the CFATF Procedures for the Fourth Round of AML/CFT Mutual Evaluations, The Commonwealth of Dominica (Dominica) has reported back to the CFATF on the progress it has made to strengthen its AML/CFT framework.
This report analyses Dominica’s progress in addressing the technical compliance deficiencies identified in the mutual evaluation.
To reflect this progress, the CFATF has re-rated Dominica on the following Recommendations:
- 6 – Targeted Financial Sanctions related to Terrorism and Terrorist Financing – upgraded from partially compliant to compliant
- 22 – DNFBPs – CDD – upgraded from partially compliant to compliant
- 28 – Regulation and Supervision of DNFBPs – upgraded from partially compliant to largely compliant
The report also looks at whether Dominica’s measures meet the requirements of FATF Recommendations that have changed since its 2023 mutual evaluation, taking into account any new measures since the mutual evaluation.
Dominica is now rated as Compliant or Largely Compliant with 36 out of the 40 FATF Recommendations.
Click here to access the report.