The Financial Action Task Force (FATF) published an update on its Annual High-Level Meeting with Chairs of FATF-Style Regional Bodies (FSRBs) in Strasbourg, focused on preparing the Global Network for the new round of mutual evaluations. The revised approach will put increased weight on how effectively countries tackle money laundering, terrorist financing and proliferation financing in relation to the risks they face, with greater emphasis on major risks and country context, and all FSRBs are expected to adopt their first mutual evaluation under the new round by end-2026 or in early 2027. The release also covered a Technical Assistance Peer Exchange convened by the FATF with more than 100 representatives of donors, FSRBs and their members, and capacity-building providers including the International Monetary Fund, the World Bank and UNODC. Discussions centred on strategic issues and challenges in supporting lower-resourced countries to implement the global AML/CFT standards, with the mutual evaluation and follow-up process, including grey listing, presented as a driver for mobilising resources and coordinating support.
Financial Action Task Force 2025-06-16
Financial Action Task Force aligns FATF-style regional bodies on a new mutual evaluation round and technical assistance coordination
The Financial Action Task Force (FATF) updated on its Annual High-Level Meeting with FATF-Style Regional Bodies, emphasizing a revised approach for mutual evaluations focusing on major risks and country context. The meeting also included a Technical Assistance Peer Exchange with over 100 representatives discussing challenges in supporting lower-resourced countries to implement global Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards.