In June 2000, the Financial Action Task Force (FATF) published its first list of Non-Cooperative Countries or Territories, identifying fifteen jurisdictions deemed deficient in their anti-money laundering (AML) controls. The initiative was presented as a necessary corrective: a mechanism for bringing the global financial system into alignment with a common set of standards. Twenty-six years on, the FATF’s mutual evaluation process has matured into one of the most powerful ins

The Financial Action Task Force (FATF) has updated its global lists of jurisdictions with strategic deficiencies in anti-money laundering, combating the financing of terrorism and counter-proliferation finance (AML/CFT/CPF), prompting the U.S Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) to alert financial institutions to the changes. Following its February plenary meeting, FATF added Kuwait and Papua New Guinea to its list of jurisdictions under

On October 25, 2024, the FATF added Algeria, Angola, Côte d’Ivoire, and Lebanon to its list of Jurisdictions Under Increased Monitoring