How does the Financial Action Task Force (FATF) measure the effectiveness of a country's efforts to combat money laundering and terrorist financing?

"The FATF measures the effectiveness of a country's efforts to combat money laundering and

terrorist financing through a mutual evaluation process. During a mutual evaluation, the FATF

assesses a country's legal and institutional framework, its implementation of measures to combat

money laundering and terrorist financing, and the effectiveness of its efforts. The FATF then issues a

report with recommendations for improvement" [CAMS Study Guide 6th edition, page 15-16].