Port of Spain, Trinidad and Tobago, August 6th, 2025 – St. Vincent and the Grenadines has undergone an enhanced follow-up process following the adoption of its Mutual Evaluation Report. The report assessed the effectiveness of St. Vincent and the Grenadines’ 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, St. Vincent and the Grenadines has reported to the CFATF regarding the progress it has made to strengthen its AML/CFT framework, and the First Follow-Up Report of St. Vincent and the Grenadines evaluates the country’s efforts to address the technical compliance deficiencies identified in the Mutual Evaluation.
According to the report, St. Vincent and the Grenadines has made strides in its fight against ML and TF since its 2023 Mutual Evaluation Report. As a result, the Caribbean Financial Action Task Force has re-rated the country on 3 out of the 40 Recommendations:
- Recommendation 5: Terrorist Financing Offence from Partially Compliant to Compliant
- Recommendations 37 (Mutual Legal Assistance) and 39 (Extradition) were updated to reflect the changes made in respect of the criminalisation of TF in Recommendation 5 and remained rated as Partially Compliant.
St. Vincent and the Grenadines 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.