The Financial Action Task Force published the recording and details of an event launching its 2026 to 2028 roadmap on combatting fraud, marking the first event under the United Kingdom presidency of FATF. The launch framed fraud as a global threat with consequences for victims, financial stability, financial inclusion and national security, and signaled that FATF’s work will focus on how its existing anti-money laundering and counterterrorist financing tools can be used more effectively against fraud. More than 1,600 participants from the FATF Global Network, observer bodies and other stakeholders took part. Discussions were organized around four main themes: whether financial intelligence is keeping pace with the speed and scale of fraud, the need for stronger private sector information sharing across sectors, improving asset recovery and international cooperation to return money to victims, and the broader global response to fraud. FATF President Giles Thomson said the body will continue working with stakeholders to better understand the threat, identify what is working, and consider further action, including engagement with financial institutions and technology, telecommunications and social media companies.
Financial Action Task Force2026-07-02
Financial Action Task Force launches its 2026 to 2028 fraud roadmap with focus on intelligence sharing asset recovery and cross sector cooperation
The Financial Action Task Force launched its 2026 to 2028 roadmap on combatting fraud through the first event under its United Kingdom presidency. The initiative centers on improving financial intelligence, cross-sector information sharing, asset recovery and international cooperation, with further engagement planned with financial institutions and technology, telecommunications and social media companies.