The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism assessed Bulgaria’s compliance efforts with its anti-money laundering and counterterrorist financing obligations.
The Council of Europe’s Group of States against Corruption announced that evaluators visited Bulgaria from May 30 to June 3, 2022, carrying out the assessment of the country’s framework to prevent corruption in law enforcement agencies and the central government.
Bulgaria’s AML Regime Failing on All Sides: Moneyval
Bulgaria faces an uphill battle to avoid inclusion on a global watchlist of countries with weak anti-money laundering regimes after an intergovernmental group concluded that its defenses against financial crime are failing in every regard.
Accused NatWest money launderer stands trial, pressure builds on EY in Germany, and more, in the weekly roundup.
0 Items Found
Technical | Effectiveness |
---|---|
Compliant : 2 | High : 0 |
Largely Compliant : 15 | Substantial : 5 |
Partially Compliant : 23 | Moderate : 6 |
Non-Compliant : 0 | Low : 0 |
Rank : 138/141 |
Score : 3.12/10 |
Rank : 69/179 |
Score : 44/100 |
Rank : 115/133 |
Score : 49/100 |