Financial Action Task Force of Latin America reports on fifth round mutual evaluation training for its 18 member countries

The Financial Action Task Force of Latin America (GAFILAT) reported on training held Sept. 29-30, 2026, in Roatán, Honduras, for national coordinators and representatives of its 18 member countries on the fifth round of mutual evaluations. The session addressed technical compliance with Financial Action Task Force (FATF) standards and how countries can demonstrate the effectiveness of their systems to combat money laundering, terrorist financing and proliferation financing. Discussions examined amendments to FATF standards and their implications for technical compliance, emphasizing the role of national risks and context throughout evaluations. Statistical and qualitative evidence was highlighted as necessary to demonstrate countries’ results. Participants also examined follow-up and rerating procedures, Key Recommended Actions and their associated roadmaps. National coordinators’ and delegates’ responsibilities for the quality and consistency of evaluation reports were a further focus. A demonstration of the SIEM 2.0 digital platform illustrated its role in supporting the management, traceability and collaboration involved in mutual evaluations.