The Middle East and North Africa Financial Action Task Force (MENAFATF) announced that its leadership has met in Amman to activate the group’s strategic plans by developing executive implementation plans for five joint strategic priorities for the Jordan-United Arab Emirates presidency cycle. The priorities were identified and approved at MENAFATF’s 39th Plenary in November 2024 and are framed around strengthening the effectiveness of anti-money laundering and combating the financing of terrorism (AML/CFT) efforts across the region. The five priorities focus on MENAFATF’s role in preparing for and implementing the third round of mutual evaluations and supporting member states undergoing evaluation, strengthening the group’s governance framework, continuing work to implement and complete an action plan linked to Financial Action Task Force (FATF) recommendations to make MENAFATF procedures clearer and more targeted, strengthening cooperation and coordination with international and regional partners and other regional bodies, and intensifying efforts to identify and understand risks, trends and typologies related to money laundering, terrorist financing and proliferation financing to support implementation of international standards. Samia Abu Sharif will serve as MENAFATF President for 2025, with Hamed Saif Al-Zaabi as Vice President in 2025 and President in 2026.

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