This Follow-Up Report (March 26, 2024) analyzes the United States’ progress in addressing the technical compliance deficiencies identified in its Mutual Evaluation Report. The United States has made significant progress in relation to Recommendation 24 on transparency and beneficial ownership of legal persons, resulting in an upgrade from Non-Compliant to Largely Compliant. Overall, the United States now has 9 Recommendations rated as Compliant, 23 as Largely Compliant, 5 as Partially Compliant, and 3 as Non-Compliant. The country will report back to the FATF on further improvements in implementing its AML/CFT measures in its 5th round mutual evaluation.
Read the report here: United States 7th follow up report