Port of Spain, Trinidad and Tobago, August 7th, 2025 – Grenada has undergone an enhanced follow-up process following the adoption of its Mutual Evaluation Report. The report assessed the effectiveness of Grenada’s anti-money laundering and counter-terrorist financing (AML/CFT) measures and the country’s compliance with the FATF Recommendations.
In conformity with the CFATF Procedures for the Fourth Round of AML/CFT Mutual Evaluations, Grenada has reported to the CFATF regarding the progress it has made to strengthen its AML/CFT framework, and the 3rd Follow-Up Report of Grenada evaluates the country’s efforts to address the technical compliance deficiencies identified in the Mutual Evaluation.
According to the report, Grenada has made considerable strides in its fight against ML and TF since its 2022 Mutual Evaluation Report. As a result, the CFATF has re-rated the country on four out of the 40 Recommendations:
- Recommendation 1: National cooperation and coordination from Partially Compliant to Largely Compliant
- Recommendation 8: Targeted financial sanctions related to terrorism & terrorist financing from Partially Compliant to Largely Compliant.
- Recommendation 31: Customer due diligence from Partially Compliant to Largely Compliant
- Recommendation 32: Transparency and beneficial ownership of legal arrangements from Partially Compliant to Largely Compliant
Grenada is presently rated as Compliant or Largely Compliant with 31 out of the 40 FATF Recommendations. Click the link to gain access to the FUR’ .
