Kuwait technical compliance undercut by weak effectiveness - FATF

The latest Financial Action Task Force (FATF) mutual evaluation of Kuwait, published 8 October, finds the Gulf state has "basic" understanding of money laundering risk, at national level, and "low" appreciation of terrorist financing risk.

The latest Financial Action Task Force (FATF) mutual evaluation of Kuwait, published 8 October [2024] [1], finds the Gulf state has "basic" understanding of money laundering risk, at national level, and "low" appreciation of terrorist financing risk.