In a Senate statement on Bermuda’s participation in the 62nd Plenary and Working Group Meetings of the Caribbean Financial Action Task Force, the Bermuda Ministry of Finance said coordinated preparations are underway for the Fifth Round of Mutual Evaluations, with the first submission due in September 2026 and an on-site assessment expected in April 2027. The ministry framed readiness as a shared task across government, regulators, law enforcement, the Financial Intelligence Agency, the private sector and the professions. The delegation took part in discussions on lessons from the Fourth Round of Mutual Evaluations, preparation for the Fifth Round, follow-up re-rating reports for regional jurisdictions and the evolving global security landscape. Bermuda also joined the CFATF Working Group on FATF Issues, the International Cooperation Review Group and the Risks, Trends and Methods Working Group, and the ministry said the priorities identified during the meetings are already informing domestic work on Bermuda’s risk and context submission and the measures used to protect the integrity of its financial system.
Ministry of Finance (Bermuda)2026-06-03
Bermuda Ministry of Finance says Fifth Round mutual evaluation preparations are underway ahead of September 2026 submission and April 2027 on-site assessment
The Bermuda Ministry of Finance reported that coordinated preparations are underway for the Caribbean Financial Action Task Force Fifth Round of Mutual Evaluations, a shared responsibility across government, regulators, law enforcement, the Financial Intelligence Agency, the private sector and professions. Bermuda’s delegation discussed lessons from the Fourth Round, preparation for the Fifth Round and regional follow-up re-ratings, and joined several CFATF working groups, with priorities from these meetings shaping Bermuda’s risk and context submission and related financial integrity measures.