FATF: Iceland’s measures to combat money laundering and terrorist financing


April 6 2018

Iceland needs better internal cooperation and coordination to effectively tackle money laundering and terrorist financing.

The FATF conducted an assessment of Iceland’s anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of Iceland’s AML/CFT system and its level of compliance with the FATF Recommendations.