Financial Action Task Force updates grey list removing Croatia Mali and the United Republic of Tanzania and adding Bolivia and the Virgin Islands UK

The Financial Action Task Force (FATF) published an updated list of jurisdictions under increased monitoring for anti-money laundering, counter-terrorist financing and proliferation financing deficiencies. Croatia, Mali and the United Republic of Tanzania were removed from increased monitoring following FATF recognition of progress against their action plans, while Bolivia and the Virgin Islands UK were newly identified as having committed at a high political level to address strategic deficiencies. The updated publication reiterates that FATF does not call for enhanced due diligence for jurisdictions under increased monitoring and discourages de-risking, urging a risk-based approach that does not disrupt humanitarian assistance, legitimate non-profit organisation activity or remittances. FATF also noted that a set of jurisdictions had their progress reviewed since February 2025 and received updated statements, while Algeria, Lao PDR, Lebanon, Nepal, Syria and Yemen deferred reporting, meaning previously issued statements were carried forward. At its June 2025 plenary, FATF made initial determinations that Burkina Faso, Mozambique, Nigeria and South Africa have substantially completed their action plans and warrant on-site assessments to verify that reforms are being implemented and sustained. For delisted jurisdictions, FATF indicated continued follow-up with the relevant FATF-style regional bodies to sustain improvements.