Caribbean Financial Action Task Force (CFATF)
CFATF is an inter-governmental organization of 25 Caribbean Basin states that serves as a FATF-Style Regional Body, conducting mutual evaluations, typology research, and training to promote member compliance with global AML/CFT/CPF standards.
- Company typePrivate
- Founded1990
- HeadquartersPort of Spain, Trinidad & Tobago
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Caribbean Financial Action Task Force (CFATF) does
The Caribbean Financial Action Task Force (CFATF) is an inter-governmental organization of 25 states and territories across the Caribbean Basin, South, Central, and North America, established following meetings in Aruba (May 1990) and the Kingston Ministerial Declaration (November 1992). It operates as a FATF-Style Regional Body (FSRB) within the FATF Global Network, with the core mandate of ensuring member jurisdictions implement common countermeasures against money laundering, the financing of terrorism, and proliferation financing. The Secretariat is hosted in Port of Spain, Trinidad and Tobago, at Level 21, Nicholas Tower, and is led by Executive Director Dawne J. Spicer under a rotating Chairmanship (currently Barbados, December 2025–November 2026).\n\nCFATF's principal deliverables are institutional rather than commercial: the 4th Round Mutual Evaluation Programme (comprising Mutual Evaluation Reports and Follow-Up Reports), the CRTMG typology and risk-trends research projects, the Research Corner publications, bi-annual Plenary Meetings, and training and technical assistance programmes that operate as a liaison between member jurisdictions and the World Bank, IMF, IDB, UNODC, Interpol, and other observers. The methodology assesses both technical compliance with the 40 FATF Recommendations and the effectiveness of national AML/CFT/CPF frameworks, and is coordinated with peer FSRBs (APG, ESAAMLG, GAFILAT, etc.) in the Global Network. Six Co-operating and Supporting Nations (Canada, France, Mexico, the Netherlands, Spain, the United Kingdom) provide additional political and financial support.\n\nThe organization is funded entirely by member-state assessed contributions and COSUN voluntary contributions; it does not generate commercial revenue, has no disclosed budget, and operates with approximately 21 Secretariat staff. Governance rests with a Council of Ministers (supreme authority) and a Plenary of Senior Officials, with ownership effectively shared equally across the 25 member jurisdictions, each typically represented by an Attorney General or Minister of Finance.
Caribbean Financial Action Task Force (CFATF) firmographics
Firmographics- Name
- Caribbean Financial Action Task Force (CFATF)
- Legal name
- Caribbean Financial Action Task Force (CFATF)
- Website
- https://cfatf-gafic.org
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CFATF is an inter-governmental organization of 25 Caribbean Basin states that serves as a FATF-Style Regional Body, conducting mutual evaluations, typology research, and training to promote member compliance with global AML/CFT/CPF standards.
- Ownership category
- akta.pro rank
Caribbean Financial Action Task Force (CFATF) industry classification
Industry- Product category
- International AML/CFT/CPF Regulatory Compliance Services
- NAICS
- International Affairs (928120), International Affairs (92812)
- SIC
- International Affairs (9721), Foreign Governments (8888)
- akta.pro primary industry
- Financial Regulation, AML/CFT & Tax Transparency Cooperation (BPADANAL)
Keywords
Where Caribbean Financial Action Task Force (CFATF) is headquartered
LocationHeadquarters
- HQ city
- Port of Spain
- HQ country
- Trinidad & Tobago
- HQ region
- Latin America
Offices1 record
Markets served
Caribbean Financial Action Task Force (CFATF) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Technology or R&D
Distribution channels2 records
Marketing channels5 records
Caribbean Financial Action Task Force (CFATF) product offering
Product offeringCore offering
CFATF conducts Mutual Evaluations of its 25 member jurisdictions to assess compliance with and effectiveness of the FATF 40 Recommendations across anti-money laundering (AML), counter-terrorist financing (CFT) and counter-proliferation financing (CPF) frameworks, producing public Mutual Evaluation Reports and Follow-Up Reports. It complements this with CRTMG typology research, the Research Corner publication series, coordinated Training and Technical Assistance channelled through Observer partners (IMF, World Bank, IDB, UNODC), and bi-annual Plenary Meetings where Members approve evaluations and set regional priorities.
Product overview
The Caribbean Financial Action Task Force (CFATF) is an inter-governmental organization serving as a FATF Style Regional Body (FSRB) that does not offer traditional commercial products. Its portfolio consists of compliance assessment services and publications, including the Mutual Evaluation Programme (which produces 4th Round Mutual Evaluation Reports and Follow-Up Reports), CRTMG research projects, Research Corner publications, training and technical assistance programmes, Annual Reports, and Plenary Meetings. These services work together to promote regional compliance with FATF Standards for combating money laundering, terrorist financing, and proliferation financing across 25 Member jurisdictions in the Caribbean Basin.
Differentiator
Problem solved
Functional benefit
Products and services
- Mutual Evaluation Programme
- 4th Round Mutual Evaluation Reports
Companies that use Caribbean Financial Action Task Force (CFATF)
Customer profileSegments1 record
Ideal customer profiles2 records
Caribbean Financial Action Task Force (CFATF) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Caribbean Financial Action Task Force (CFATF) partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, major and flagship.
- Financial Action Task Force (FATF)coreFATF is the premier inter-governmental organization that sets the standards for preventing money laundering, terrorist, and proliferation financing. CFATF, as an FATF Style Regional Body (FSRB), forms part of the Global Network and works to promote regional compliance with FATF Standards. CFATF represents its interests at FATF Plenary meetings.
- Asia Pacific Group on Money Laundering (APG)coreOne of nine FATF-Style Regional Bodies (FSRBs) in the Global Network. CFATF collaborates on mutual evaluation methodology and AML/CFT/CPF standards.
- Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG)coreFSRB partner within the Global Network. Collaborates on typology exercises and mutual evaluation best practices.
- Financial Action Task Force of Latin America (GAFILAT)coreFSRB partner within the Global Network covering Latin America. CFATF coordinates with GAFILAT on regional AML/CFT/CPF initiatives.
- Caribbean Development BankmajorObserver organization that supports CFATF member countries with development financing and technical assistance related to AML/CFT/CPF compliance.
- Inter-American Development Bank (IDB)majorObserver organization providing technical assistance and financing support to CFATF member countries for AML/CFT/CPF capacity building.
- International Monetary Fund (IMF)majorObserver organization providing technical assistance and assessments related to AML/CFT/CPF frameworks in member countries.
- The World Bank GroupmajorObserver organization supporting CFATF members with technical assistance and financing for AML/CFT/CPF compliance improvements.
- United Nations Office on Drugs and Crime (UNODC)majorObserver organization providing expertise on transnational organized crime, asset recovery, and law enforcement cooperation relevant to AML/CFT/CPF.
- InterpolmajorObserver organization providing law enforcement coordination and international police cooperation for AML/CFT investigations.
- Canada (COSUN)flagshipCo-operating and Supporting Nation committed to supporting the mutual evaluation process in implementing FATF Recommendations and making contributions to CFATF work and resources.
- France (COSUN)flagshipCo-operating and Supporting Nation providing support for AML/CFT/CPF mutual evaluation implementation and CFATF resources.
- Mexico (COSUN)flagshipCo-operating and Supporting Nation committed to supporting FATF Recommendations implementation and CFATF activities.
- Kingdom of the Netherlands (COSUN)flagshipCo-operating and Supporting Nation providing contributions to CFATF work and resources as permitted by national laws and policies.
- Spain (COSUN)flagshipCo-operating and Supporting Nation committed to supporting mutual evaluation process and CFATF resource contributions.
- United Kingdom (COSUN)flagshipCo-operating and Supporting Nation providing support for FATF Recommendations implementation and CFATF work contributions.
- Eastern Caribbean Central Bank (ECCB)majorStrategic ally hosting AML/CFT/CPF sensitization training for the Judiciary. Represents twenty-four percent of CFATF Members.
- Regional Security System – Asset Recovery Unit (RSS-ARU)majorStrategic partner for AML/CFT/CPF training initiatives. Co-hosted sensitization training for the Judiciary with ECCB and CFATF.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Caribbean Financial Action Task Force (CFATF) competitors and assessment
Company assessmentDirect peers
- Financial Action Task Force (FATF): FATF is the global standard-setter and parent body of the FATF Global Network, of which CFATF is a regional member. It operates the same mutual evaluation methodology and issues Public Statements that CFATF relies upon for leverage, making it the most directly comparable peer.
- GAFILAT (Financial Action Task Force of Latin America): GAFILAT is the FSRB covering Latin America, overlapping with CFATF geographically (several members in Central/South America). Operates the same FATF mutual evaluation methodology and serves a comparable membership profile.
- MENAFATF (Middle East and North Africa FATF): MENAFATF is the FSRB covering the MENA region, performing mutual evaluations and AML/CFT technical assistance under the same FATF framework. Direct peer in mandate, methodology, and member-state governance model.
- ESAAMLG (Eastern and Southern Africa Anti-Money Laundering Group): ESAAMLG is the FSRB for Eastern and Southern Africa, explicitly listed by CFATF as a core FSRB partner collaborating on typology exercises and mutual evaluation best practices — a direct peer in mandate and structure.
- Asia/Pacific Group on Money Laundering (APG): APG is one of nine FATF-Style Regional Bodies covering the Asia-Pacific region, with an identical mandate (mutual evaluations, technical assistance, typology work). Directly comparable in scope, governance model, and outputs to CFATF.
- GIABA (Inter-Governmental Action Group against Money Laundering in West Africa): GIABA is the ECOWAS-region FSRB covering 17 West African states. Shares the FSRB mandate, FATF evaluation methodology, and observer relationship with multilateral institutions, making it a comparable peer in structure and function.
- Committee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL): MONEYVAL is the Council of Europe's FSRB covering European jurisdictions outside the EU. It performs mutual evaluations using the same FATF methodology and is functionally the most analogous FSRB peer to CFATF in governance and outputs.
Others
- Egmont Group of Financial Intelligence Units: The Egmont Group is a global network of Financial Intelligence Units (FIUs) supporting AML/CFT cooperation. While not an FSRB, it operates in the same AML/CFT ecosystem, supports CFATF member FIUs, and is a complementary peer in the broader standards architecture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Caribbean Financial Action Task Force (CFATF) social profiles
Digital presenceCaribbean Financial Action Task Force (CFATF) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Caribbean Financial Action Task Force (CFATF) leadership team
Management profileNumber of profiles
Profiles5 records
Caribbean Financial Action Task Force (CFATF) funding detail
Funding detailFunding overview
Funding rounds
Investors
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Caribbean Financial Action Task Force (CFATF) M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about Caribbean Financial Action Task Force (CFATF)
What does Caribbean Financial Action Task Force (CFATF) do?
CFATF conducts Mutual Evaluations of its 25 member jurisdictions to assess compliance with and effectiveness of the FATF 40 Recommendations across anti-money laundering (AML), counter-terrorist financing (CFT) and counter-proliferation financing (CPF) frameworks, producing public Mutual Evaluation Reports and Follow-Up Reports. It complements this with CRTMG typology research, the Research Corner publication series, coordinated Training and Technical Assistance channelled through Observer partners (IMF, World Bank, IDB, UNODC), and bi-annual Plenary Meetings where Members approve evaluations and set regional priorities.
Is Caribbean Financial Action Task Force (CFATF) a public or private company?
Caribbean Financial Action Task Force (CFATF) is a private company. It is classified as state government owned and is currently operating.
When was Caribbean Financial Action Task Force (CFATF) founded?
Caribbean Financial Action Task Force (CFATF) was founded in 1990. It employs 11 to 50 people.
Where is Caribbean Financial Action Task Force (CFATF) based?
Caribbean Financial Action Task Force (CFATF) is headquartered in Port of Spain, Trinidad & Tobago, in the Latin America region.
Who are Caribbean Financial Action Task Force (CFATF)'s main competitors?
Direct peers on record are Financial Action Task Force (FATF), GAFILAT (Financial Action Task Force of Latin America), MENAFATF (Middle East and North Africa FATF), ESAAMLG (Eastern and Southern Africa Anti-Money Laundering Group), Asia/Pacific Group on Money Laundering (APG), GIABA (Inter-Governmental Action Group against Money Laundering in West Africa) and Committee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL). Egmont Group of Financial Intelligence Units is listed as an others.
Does Caribbean Financial Action Task Force (CFATF) have an API?
No public API is recorded for Caribbean Financial Action Task Force (CFATF).
What industry is Caribbean Financial Action Task Force (CFATF) in?
Caribbean Financial Action Task Force (CFATF)'s product category is International AML/CFT/CPF Regulatory Compliance Services. Its primary akta.pro industry code is BPADANAL, Financial Regulation, AML/CFT & Tax Transparency Cooperation. Its NAICS code is 928120 and its SIC code is 9721.