The FATF is an inter-governmental body, with 36 members. The FATF has created 8 FATF Style Regional Bodies, such as the CFATF. Aruba being part of the Kingdom of the Netherlands is both a member of the FATF and CFATF.
The FATF Recommendations require all countries to have effective systems for preventing and addressing money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF conducts mutual evaluations of each member on an ongoing basis to assess the level of implementation of the FATF Recommendations.
After every plenary (C)FATF meeting, the (C)FATF issues warning lists identifying jurisdictions that have strategic deficiencies in their regimes for anti-money laundering and combating the financing of terrorism. There are three warning lists:
Link to FATF website
Link to CFATF website
These lists are published on (C)FATF’s website and the CBA notifies entities under its supervision by letter about (changes of) these lists. The letters include specific actions that must be taken.