Middle East and North Africa Financial Action Task Force reaffirms collaborative work to prepare members for the next round of mutual evaluations

The Middle East and North Africa Financial Action Task Force (MENAFATF) issued a group statement reaffirming its commitment to ongoing collaboration with member countries and international partners to support readiness for the next round of mutual evaluations and to promote the continued adoption and effective implementation of international standards to combat money laundering, terrorist financing, and the financing of weapons proliferation. The statement highlights work to strengthen frameworks for international cooperation and regional coordination aimed at protecting the integrity and soundness of financial systems in the region and addressing risks from illicit financial flows, sanctions evasion, terrorist financing, and other forms of financial crime. MENAFATF also underscored the role of joint action and integrated efforts among countries and international institutions in advancing financial transparency and regional economic and security stability.