CFATF Mutual Evaluation Republic of Haiti 2019 - Ratings

1. Anti-money laundering and counter-terrorist financing measures in the Republic of Haiti – Mutual Evaluation Report - 2019 1
Anti-money laundering and counter-
terrorist financing (AML/CFT)
measures in the Republic of Haiti
Fourth Round Mutual Evaluation
Ratings
July 2019
http://www.fatf-gafi.org/publications/mutualevaluations/documents/mer-haiti-2019.html

2. Anti-money laundering and counter-terrorist financing measures in the Republic of Haiti – Mutual Evaluation Report - 2019
Ratings – Effectiveness (1/3)
2
Immediate outcome of an effective system to combat money
laundering (ML) and terrorist financing (TF)
Extent to
which Haiti
achieved this
objective
1. ML and TF risks are understood and, where appropriate,
actions co-ordinated domestically to combat ML and TF
Low
2. International co-operation delivers appropriate information,
financial intelligence, and evidence, and facilitates action
against criminals and their assets
Low
3. Supervisors appropriately supervise, monitor and regulate
financial institutions and designated non-financial
businesses and professions (DNFBPs) for compliance with
AML/CFT requirements commensurate with their risks.
Low
4. Financial institutions and DNFBPs adequately apply AML/CFT
preventive measures commensurate with their risks, and
report suspicious transactions.
Low

3. Anti-money laundering and counter-terrorist financing measures in the Republic of Haiti – Mutual Evaluation Report - 2019 3
Immediate outcome of an effective system to combat money
laundering (ML) and terrorist financing (TF)
Extent to
which Haiti
achieved this
objective
5. Legal persons and arrangements are prevented from misuse
for money laundering or terrorist financing, and information
on their beneficial ownership is available to competent
authorities without impediments
Low
6. Financial intelligence and all other relevant information are
appropriately used by competent authorities for money
laundering and terrorist financing investigations.
Low
7. Money laundering offences and activities are investigated
and offenders are prosecuted and subject to effective,
proportionate and dissuasive sanctions
Low
8. Proceeds and instrumentalities of crime are confiscated. Low
Ratings – Effectiveness (2/3)

4. Anti-money laundering and counter-terrorist financing measures in the Republic of Haiti – Mutual Evaluation Report - 2019 4
Immediate outcome of an effective system to combat money
laundering (ML) and terrorist financing (TF)
Extent to
which Haiti
achieved this
objective
9. Terrorist financing offences and activities are investigated
and persons who finance terrorism are prosecuted and
subject to effective, proportionate and dissuasive sanctions.
Low
10. Terrorists, terrorist organisations and terrorist financiers are
prevented from raising, moving and using funds, and from
abusing the non-profit sector.
Low
11. Persons and entities involved in the proliferation of weapons
of mass destruction are prevented from raising, moving and
using funds, consistent with the relevant United Nations
Security Council Resolutions.
Low
Ratings – Effectiveness (3/3)

5. Anti-money laundering and counter-terrorist financing measures in the Republic of Haiti – Mutual Evaluation Report - 2019 5
Ratings – Effectiveness
000
11
High
Substantial
Moderate
Low

6. 5-Aug-19 6
Ratings – technical compliance
(1/5)
AML/CFT POLICIES AND COORDINATION
1. Assessing risks & applying a risk-based approach Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
2. National cooperation and coordination Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
MONEY LAUNDERING AND CONFISCATION
3. Money laundering offence Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
4. Confiscation and provisional measures Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
TERRORIST FINANCING AND FINANCING OF PROLIFERATION
5. Terrorist financing offence Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
6. Targeted financial sanctions related to terrorism & terrorist
financing Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
7. Targeted financial sanctions related to proliferation Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
8. Non-profit organisations Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant

7. 5-Aug-19
7
Ratings – technical compliance
(2/5)
PREVENTIVE MEASURES
9. Financial institution secrecy laws Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
Customer due diligence and record keeping
10. Customer due diligence Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
11. Record keeping Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
Additional measures for specific customers and activities
12. Politically exposed persons Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
13. Correspondent banking Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
14. Money or value transfer services Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
15. New technologies Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
16. Wire transfers Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant

8. 5-Aug-19
8
Ratings – technical compliance
(3/5)
PREVENTIVE MEASURES (continued)
Reliance, Controls and Financial Groups
17. Reliance on third parties Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
18. Internal controls and foreign branches and subsidiaries Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
19. Higher-risk countries Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
Reporting of suspicious transactions
20. Reporting of suspicious transactions Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
21. Tipping-off and confidentiality Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
Designated non-financial Businesses and Professions (DNFBPs)
22. DNFBPs: Customer due diligence Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
23. DNFBPs: Other measures Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant

9. 5-Aug-19
9
Ratings – technical compliance
(4/5)
TRANSPARENCY AND BENEFICIAL OWNERSHIP OF LEGAL
PERSONS AND ARRANGEMENTS
24. Transparency and beneficial ownership of legal persons Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
25. Transparency and beneficial ownership of legal arrangements Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
POWERS AND RESPONSIBILITIES OF COMPETENT AUTHORITIES
AND OTHER INSTITUTIONAL MEASURES
Regulation and Supervision
26. Regulation and supervision of financial institutions Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
27. Powers of supervisors Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
28. Regulation and supervision of DNFBPs Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
Operational and Law Enforcement
29. Financial intelligence units Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
30. Responsibilities of law enforcement and investigative
authorities Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
31. Powers of law enforcement and investigative authorities Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
32. Cash couriers Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant

10. 5-Aug-19
10
Ratings – technical compliance
(5/5)
POWERS AND RESPONSIBILITIES OF COMPETENT AUTHORITIES
AND OTHER INSTITUTIONAL MEASURES (continued)
General Requirements
33. Statistics Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant
34. Guidance and feedback Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
Sanctions
35. Sanctions Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
INTERNATIONAL COOPERATION
36. International instruments Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
37. Mutual legal assistance Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
38. Mutual legal assistance: freezing and confiscation Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
39. Extradition Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
40. Other forms of international cooperation Non CompliantNon CompliantNon CompliantNon Compliant Non Compliant

11. Anti-money laundering and counter-terrorist financing measures in the Republic of Haiti – Mutual Evaluation Report - 2019 11
Ratings – technical compliance