Mutual Evaluation for the Kingdom
The evaluation, of the Anti Money Laundering (AML) and combating terrorism financing (CFT) regime of the Hashemite Kingdom of Jordan was based on the Forty Recommendations 2003 and the Nine Special Recommendations on Terrorism Financing 2001 of the Financial Action Task Force (FATF), and was prepared using the AML/CFT Methodology 2004.
Read More
The Review Process for the Kingdom
The Financial Action Task Force (FATF), the global standard setting body for anti-money laundering and combating the financing of terrorism, adopted new procedures in June 2009 for identifying and working with jurisdictions with significant deficiencies in their AML/CFT regime. The objective of these procedures, which will be managed by the FATF’s International Cooperation Review Group (ICRG), is to protect the international financial system from money laundering and terrorist financing (ML/FT) risk and to encourage greater global compliance with the international standards for AML/CFT.
Read More