Most of Latin America is assessed against FATF standards through GAFILAT, the region's FATF-style body, in much the same way CFATF assesses the Caribbean. Institutions with exposure on both sides — correspondent banking lines, cross-border ownership structures, remittance corridors, or LATAM clients booked through Caribbean vehicles — need AML/CFT programmes robust enough to satisfy either framework, and evidence that stands up to scrutiny from both directions.
We track the risk patterns that keep surfacing across the region: proliferation financing exposure tied to trade and shipping routes, real estate used to move cross-border wealth, and virtual asset activity growing faster than KYC controls in parts of the market. Building a programme that reflects those realities — not a generic template — is what holds up when a correspondent bank, regulator, or auditor looks closely.
