WILLEMSTAD – Curaçao's government says the country has achieved “significant progress” in addressing weaknesses in its fight against money laundering and terrorist financing, but the CFATF report on which that conclusion is based has not yet been made publicly available.
The government announced the positive assessment following the first enhanced follow-up review after Curaçao's comprehensive CFATF evaluation published in July 2025. The follow-up assessment was discussed during a CFATF meeting in Trinidad and Tobago in May.
According to the government's statement, Curaçao improved in several areas, including risk analysis, cooperation between government agencies, financial supervision, transparency surrounding the ultimate beneficial owners of companies and the capacity of the Financial Intelligence Unit Curaçao.
However, the underlying enhanced follow-up report has not yet been published on the official country pages of either the CFATF or the international Financial Action Task Force (FATF).
The most recent publicly available FATF document concerning Curaçao therefore remains the comprehensive evaluation from July 2025.
The absence of the follow-up report is noteworthy because follow-up assessments for some other jurisdictions considered during the same CFATF meeting have already been released, including reports concerning Saint Vincent and the Grenadines and Dominica.
Until Curaçao's report becomes publicly available, it is not possible to independently determine which technical compliance ratings were upgraded, which deficiencies CFATF considers resolved and where weaknesses remain.
That distinction is important because a follow-up assessment can recognize improvements to legislation, regulations and institutional structures without necessarily establishing that a country's anti-money laundering system is fully effective in practice.
The Curaçao government's own announcement acknowledges that additional work remains. New legislation and further organizational measures are still being developed as part of the country's efforts to strengthen its system against money laundering, terrorist financing and other financial crimes.
The next comprehensive assessment of Curaçao is expected around 2032. In the years leading up to that review, the country will have to demonstrate not only that its legal framework complies with international standards, but that authorities are effectively identifying suspicious financial activity, investigating financial crimes, prosecuting offenders and recovering criminal proceeds.