(27)Furthermore the Commission’s assessment concluded that Ethiopia, Lao People’s Democratic Republic and Sri Lanka implemented measures to address the strategic deficiencies identified by the FATF and no longer present such strategic deficiencies. Following the measures implemented to address the action plan agreed with the FATF, these countries no longer present an AML/CFT threat to the international financial system.Taking into account their relevance for the financial system of the Union, the Commission considers that these countries no longer pose a significant threat to the financial system of the Union. Therefore, Ethiopia, Lao People’s Democratic Republic and Sri Lanka should not be considered as having strategic deficiencies in their AML/CFT regime at this stage.