This report acknowledges that Barbados has made good progress in addressing the technical compliance deficiencies identified in its 4th Round Mutual Evaluation Report (MER) and has been re-rated on 13 Recommendations.
In light of Barbados’ progress since its MER was adopted, its technical compliance with the FATF Recommendations has been re-rated as follows:
Note: There are four possible levels of technical compliance: compliant (C), largely compliant (LC), partially compliant (PC), and non-compliant (NC).
The report can be found at the link: Barbados (cfatf-gafic.org)
Barbados will continue to report back to the CFATF on its progress to strengthen its implementation of AML/CFT measures.