The Financial Action Task Force (FATF) has published the outcomes of its June 2026 Plenary meeting, announcing updates to its list of jurisdictions under increased monitoring, as well as wider developments to strengthen the global AML/CFT/CPF framework.
🔍 Key Changes
• Bosnia, Herzegovina and Iraq have been added to the FATF Grey List (jurisdictions under increased monitoring).
• Algeria and Namibia have been removed from the increased monitoring list following successful completion of the Action Plans.
📌 Other Key FATF Plenary Outcomes
• Recommendation 6 was updated to incorporate humanitarian exemptions, helping ensure sanctions measures do not hinder humanitarian assistance and essential resources
• Mutual evaluation reports for Canada and Türkiye were adopted and are expected to be published later in 2026
• New initiatives were approved to strengthen public-private information sharing and improve cross-border payment transparency
• FATF will continue focusing on emerging risks, including terrorist financing, underground banking systems, gambling platforms, virtual assets and decentralised finance (DeFi)
• The incoming UK Presidency will focus on combating fraud and scams, strengthening the risk-based approach, and enhancing information sharing
• Mr. Vivek Aggarwal of India was appointed FATF Vice-President for July 2026 to June 2027
• The FATF suspension of the Russian Federation continues to stand
What this means
The continued evolution of FATF monitoring lists reinforces the importance of maintaining dynamic risk assessment frameworks and ensuring that AML/CFT/CPF controls remain aligned with international standards.
Institutions should regularly review their exposure to higher-risk jurisdictions and assess whether existing controls remain proportionate to the evolving risk environment.
At Acrion, we continue to assist organisations in strengthening AML/CFT governance, risk assessments, sanctions compliance and regulatory readiness in line with FATF expectations.
Read the full FATF Plenary Outcomes publication Here.
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