Tuvalu

Tuvalu became a member of the APG in July 2023, after being an observer since 2014.

Tuvalu has expressed its commitment to improving existing, and implementing further, AML/CFT measures and is currently strengthening its system by developing and implementing its legal and institutional frameworks including among other things:

• criminalising ML and establishing confiscation measures;
• criminalising terrorism financing;
• establishing customer due diligence requirements;
• requiring financial institutions to file suspicious transaction reports;
• establishing a FIU; and
• improving international cooperation.

Tuvalu has also developed a national action plan. Click on this link to reach the Government of Tuvalu website: https://www.gov.tv