The Financial Action Task Force of Latin America (GAFILAT) held a workshop in Havana to help Cuba prepare for the Fifth Round of Mutual Evaluations, focusing on practical aspects of the mutual evaluation process and simulating the conditions and preparation needed for a successful on-site visit. The activity was delivered under GAFILAT’s collaboration project with the Central American Bank for Economic Integration (CABEI). Cuban authorities involved in the anti-money laundering and counter-terrorist financing (AML/CFT) system, along with representatives of obliged entities, participated to understand the challenges of the evaluation and receive practical guidance on how to present the functioning of Cuba’s AML/CFT system to the evaluation team. The workshop also continued dissemination of Cuba’s money laundering, terrorist financing and proliferation financing risks, included a review of risk and context, and covered additional country preparation tasks, as part of a broader capacity-strengthening plan ahead of Cuba becoming the first GAFILAT member assessed under the Fifth Round.
Financial Action Task Force of Latin America (GAFILAT) 2025-07-08
Financial Action Task Force of Latin America and CABEI run workshop to prepare Cuba for first fifth-round mutual evaluation
GAFILAT held a workshop in Havana to prepare Cuba for the Fifth Round of Mutual Evaluations, focusing on the evaluation process and on-site visit preparation. In collaboration with the Central American Bank for Economic Integration, the event aimed to enhance understanding of Cuba's anti-money laundering and counter-terrorist financing system among Cuban authorities and obliged entities. It also addressed Cuba's money laundering and terrorist financing risks and additional preparation tasks.