Follow-up assesment Spain 2019
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The Financial Action Task Force (FATF) has released a follow-up report assessing the Spanish framework on the prevention of money laundering and terrorist financing.
In its report, FATF confirms Spanish leadership position and the national commitment on the prevention of money laundering and terrorist financing.
As stated by FATF, “feedback received from both the financial and non-financial sectors on the assistance provided by the authorities on risk is good and their relationship with Sepblac seems to be constructive and useful for improving the understanding of the RBA and risks. Guidance published by Sepblac also contains specific indications on applying the RBA to different sectors’ activities and are generally well known and applied”.
