Port of Spain, Trinidad and Tobago, October 29th, 2025 – Since the assessment of Virgin Islands’ (British) measures against money laundering and terrorist financing, the country has been under enhanced monitoring. The country has taken actions to strengthen its anti-money laundering and counter-terrorist financing (AML/CFT) framework and compliance with the FATF Recommendations.
In conformity with the CFATF Procedures for the Fourth Round of Mutual AML/CFT Evaluations, the country has reported back to the CFATF on the actions it has taken since its Mutual Evaluation.
This 2nd Follow-Up Report (FUR) of the Virgin Islands (British), evaluates the country’s efforts to address the technical compliance deficiencies identified in the MER. As such, the country has been re-rated in relation to:
- Recommendation 8 from Non-Compliant to Largely Compliant
- Recommendations 24 and 26, from Partially Compliant to Largely Compliant
- Recommendation 28 from Partially Compliant to Compliant
Today, the Virgin Islands is Compliant and Largely Compliant with all 40.
Access the report by clicking below.