has improved its measures for tackling money laundering and terrorist financing (AML/CFT), the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) has concluded in a new follow-up report, which focuses on the country's progress in enhancing the level of compliance with the Financial Action Task Force (FATF) Recommendations 1 (Assessing risks and applying a risk-based approach), 15 (New technologies), 26 (Regulation and supervision of financial institutions) and 33 (Statistics).
Since December 2023, Poland has developed and published a new national risk assessment; taken steps to implement its national strategy by reinforcing the financial, human and technical resources of the Military Police, the Financial Supervision Authority (UKNF) or the Financial Intelligence Unit; and has addressed minor legislative shortcomings related to the application of enhanced due diligence. Additionally, Poland also upgraded its collection, management and granularity of relevant ML/TF statistics, such as in relation to suspicious activity reports, seizure of property, extraditions and mutual legal assistance requests. All these improvements have led to the country being re-rated on Recommendation 1 from partially compliant to largely compliant, and on Recommendation 33 from partially compliant to compliant.
Poland is expected to report back to MONEYVAL on further progress made towards strengthening its AML/CFT system in December 2025.
Poland enhances its understanding of money laundering and terrorist financing risks and statistics>
