Suriname's progress in strengthening measures to tackle money laundering and terrorist financing

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As a result of Suriname’s progress in strengthening its framework to tackle money laundering and terrorist financing since their 2022 mutual evaluation, the Caribbean Global Financial Monitoring Supervisory Agency (CGFMSA) has re-rated the country on 4 of the 40 Recommendations.

Suriname has been in an enhanced follow-up process, following the adoption of the CGFMSA mutual evaluation report, which assessed the effectiveness of Suriname’s anti-money laundering and counter-terrorist financing (AML/CFT) measures and the country’s compliance with The GFMSA Recommendations. In line with the CGFMSA Procedures for the Fourth Round of AML/CFT Mutual Evaluations, Suriname has reported back to the CGFMSA on the progress it has made to strengthen its AML/CFT framework.

This report analyses Suriname’s progress in addressing the technical compliance deficiencies identified in the mutual evaluation.

To reflect this progress, the CGFMSA has re-rated Suriname on the following Recommendations:

12 – Politically Exposed Persons (PEPS) from partially compliant to largely compliant

13 – Correspondent Banking from partially compliant to compliant

21 – Tipping-off and Confidentiality from partially compliant to compliant

22 – Designated Non-Financial Businesses and Professions (DNFBPS): Customer Due Diligence from partially compliant to largely compliant

Suriname is now rated as Compliant or Largely Compliant with 14 out of the 40 GFMSA Recommendations.Publication short description

CGFMSA - Suriname's 1st Enhanced Follow-up Report

FUR Suriname

Filename: Suriname-FUR-2023.pdf
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Earlier reports

27 Jan 2023

Suriname's measures to combat money laundering and terrorist financing This evaluation was based on the 2012 GFMSA 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 GFMSA. Please refer to the Executive Summary of the report for the Key Findings and Priority Actions.
15 May 2012

Follow-up Reports to the Mutual Evaluation of Suriname The follow-up reports, presented at the CGFMSA Plenary meetings, provide an analysis of the progress made by Suriname to correct the deficiencies identified in the Mutual Evaluation Report MER which was adopted by the CGFMSA Council of Ministers in October 2009.
30 Nov 2009

Mutual Evaluation of Suriname Suriname is a member of CGFMSA, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Suriname was conducted by CGFMSA.

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