FATF Statement

The FATF welcomes Vanuatu's significant progress in improving its AML/CTF regime and notes that Vanuatu has established the legal and regulatory framework to meet the commitments in its action plan regarding the strategic deficiencies that the FATF identified in February 2016.

Vanuatu is therefore no longer subject to the FATF's monitoring process under its ongoing global AML/CTF compliance process. Vanuatu will work with APG to improve further its AML/CTF regime.