The CFATF acknowledges the significant progress made by the Turks and Caicos Islands in improving its AML/CFT regime and notes that the Turks and Caicos Islands has established the legal and regulatory framework to meet its commitments in its agreed Action Plan regarding the strategic deficiencies that the CFATF had identified. The Turks and Caicos Islands is therefore no longer subject to the CFATF ICRG monitoring process.