FATF Evaluation of Eritrea's Anti-Money Laundering and Terrorist Financing Measures
Summary
The Financial Action Task Force (FATF) has published an evaluation of Eritrea's measures to combat money laundering and terrorist financing. This report assesses Eritrea's compliance with international standards and identifies areas for improvement in its anti-financial crime regime.
What changed
The Financial Action Task Force (FATF) has released a mutual evaluation report assessing Eritrea's adherence to international standards for combating money laundering and terrorist financing. The report details the effectiveness of Eritrea's legal, regulatory, and operational frameworks in preventing illicit financial activities and identifies specific deficiencies.
This publication serves as an assessment of Eritrea's current AML/CFT regime. While it is not a direct regulatory requirement for entities outside of Eritrea, it informs international financial institutions and governments about the risks associated with transactions involving Eritrea and may influence due diligence requirements. Compliance officers should note this evaluation as part of their risk assessment for cross-border activities involving Eritrean entities or individuals.
What to do next
- Review FATF's evaluation of Eritrea's AML/CFT measures.
- Assess potential risks associated with financial activities involving Eritrea.
- Update due diligence procedures for counterparties or transactions related to Eritrea if necessary.
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Eritrea's measures to combat money laundering and terrorist financing
Publication details
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English
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Topic
This evaluation was based on the 2012 FATF Recommendations, and was prepared using the 2013 Methodology. The evaluation was based on information provided by the country, and information obtained by the evaluation team during its on-site visit to the country.
The findings of this assessment have been reviewed and endorsed by the FATF.
Please refer to the Executive Summary of the report for the Key Findings and Priority Actions.
ESAAMLG Mutual Evaluation - Kenya
Filename Eritrea-MER-2025.pdf Size 1 MB Format application/pdf Download
Related materials
The FATF Recommendations
The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems. Read more
Mutual Evaluations
The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system Read more Consolidated assessment ratings
The 2022 and 2013 Methodologies for Assessing Technical Compliance with the FATF Recommendations and the Effectiveness of AML/CFT/CPF Systems
These documents are guides intended for use by assessors who are tasked with conducting a mutual evaluation. They provide a structured framework of analysis that ensures a level of consistency and high quality of the mutual evaluation reports produced. Latest update: December 2025 Read more
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