Argentina passed the FATF Mutual Evaluation

Within the framework of the 4th Round of Mutual Evaluations held in Paris, the Financial Action Task Force (FATF) approved the Mutual Evaluation Report of Argentina, thus not including it in the gray list of jurisdictions under enhanced monitoring for the prevention of money laundering, terrorist financing, and financing of the proliferation of weapons of mass destruction (ML/TF/PF).

This decision is a consequence of the coordinated efforts of the Ministry of Justice, the Financial Intelligence Unit (UIF), and other state agencies, such as the Argentine Securities Commission (CNV). These entities—during the analyzed period (2019-2024)—implemented different amendments to Law 25246 and other UIF regulations to substantially comply with international standards in AML/TF/PF.

Likewise, the FATF recognized Argentina’s effort and commitment in the fight against these crimes, and highlighted the commitment of the Argentine Supreme Court and the collaboration with other state agencies. This allowed highlighting the effectiveness of Argentina in the investigation, prosecution, and punishment of ML, as well as in the recovery of assets derived from these crimes, contributing to improve the ratings in terms of international cooperation. There are areas that still require improvement were identified.

This achievement reinforces Argentina's commitment in the fight against ML/TF/PF and represents a significant step for Argentina towards a stronger integration into the global financial system and for attracting new foreign capital investments.

The FATF report will be published in the next 60 days and will include recommendations to further strengthen the system to prevent and sanction ML/TF/PF related crimes.