Iceland moves further from its FATF 'grey list' days as latest assessment brings good news on DNFBPs - AML Intelligence
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Iceland moves further from its FATF ‘grey list’ days as latest assessment brings good news on DNFBPs

By Dan Byrne for AMLi

Iceland’s latest evaluation by the Financial Action Task Force has earned it a reputational boost, as an area of AML that previously received substantial criticism has been given the highest possible rating.

Now on its 3rd follow-up report following a FATF mutual evaluation in 2018, the country’s handling of designated non-financial businesses and professions (DNFBPs) has been deemed “fully compliant,” with international standards.

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