Maldives ME onsite Visit - 12-23 January 2025
The onsite visit of the mutual evaluation (ME) of the Maldives was held in Malé, Maldives from 12 to 23 January, representing a key milestone in the ME process. A mutual evaluation is a comprehensive peer review process that applies the Financial Action Task Force’s Methodology for assessing technical compliance with the FATF’s global standards for combatting money laundering, terrorism financing and proliferation financing, and the effectiveness of anti-money laundering and counter-terrorism financing (AML/CTF) measures. The onsite visit provides the opportunity for the assessment team to sit down and talk with Maldives officials and private sector representatives to determine the scope of AML/CFT measures and how they are working in practice.
The assessment team for the ME for Maldives consists of the following experts from APG members and observers:
- Ms Erica Stuke, US (financial assessor)
- Ms Natalie Sin, Hong Kong, China (legal assessor)
- Mr Abhiyan Upadhyay, Nepal (financial assessor)
- Mr HAN Shuai, China (financial assessor)
- Mr Shailesh Thakur, India (FIU assessor)
- Mr Ian Collins, UK (law enforcement assessor)
The team is supported by Melissa Sevil and Kirsty Struthers and Sylvia Deutsch of the APG Secretariat.
The assessment team thanked the Maldives authorities for their cooperation, engagement and hospitality provided throughout the onsite visit.
The Maldives’ mutual evaluation report will be considered and adopted at the next APG Annual Meeting in 2025.
