The Financial Action Task Force (FATF) is consulting on its updated money laundering national risk assessment (NRA) guidance, with responses sought by 22 July 2024. The update aims to ensure the guidance is ‘more effective, comprehensive and useful for all stakeholders involved’.

The Financial Action Task Force (FATF) has issued a call for action in relation to high-risk jurisdictions. For all countries identified as high-risk, the FATF calls on all members and urges all jurisdictions to apply enhanced due diligence, and, in the most serious cases, countries are called upon to apply counter-measures to protect the international financial system from the money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks emanating from the country. As of 25 October 2024, the high-risk jurisdictions are the Democratic People's Republic of Korea (DPRK), Iran, and Myanmar.

The Financial Action Task Force (FATF), along with the Egmont Group, INTERPOL and the United Nations Office on Drugs and Crime (UNODC), has published a handbook providing guidance on cross-border money laundering investigations.

The Financial Action Task Force (FATF) has released its 2023-2024 annual report, highlighting significant progress in combating financial crime. Key developments include strengthening global compliance with FATF standards, improving transparency and beneficial ownership requirements, amending standards for non-profit organisations and enhancing asset recovery measures. The FATF also focused on emerging risks, publishing reports on cyber-enabled fraud, terrorism financing through crowdfunding and virtual asset service providers. Additionally, the organisation prioritised deepening relationships with regional bodies and launched an initiative to promote gender inclusivity within the FATF and its global network.

The Financial Action Task Force (FATF) has published guidance on money laundering national risk assessments (NRAs). The guidance aims to support countries in conducting an NRA focused on the assessment of money laundering risks, drawing on insights from over 90 countries within the FATF Global Network and over 500 respondents to public consultation.

The Financial Action Task Force (FATF) has published its Annual Report 2024–2025, highlighting emerging and evolving risks that countries and the private sector are expected to address. The report identifies increasing sophistication in proliferation financing and sanctions evasion, continued misuse of virtual assets, growing fraud threats, technology-enabled terrorist financing risks and persistent effectiveness gaps in asset recovery systems.

The Financial Action Task Force (FATF) has published Annex IV to its assessment methodology, following its October 2025 plenary meeting. The annex establishes how compliance with revised Recommendation 16, known as the ‘Travel Rule’ in virtual asset contexts, will be assessed during FATF mutual evaluations of member countries' anti-money laundering and counter-terrorist financing frameworks.

The Financial Action Task Force (FATF) has published a report assessing how jurisdictions are implementing anti-money laundering and counter-terrorist financing (AML/CTF) measures for virtual assets (VAs) and virtual asset service providers (VASPs). The report forms part of FATF’s ongoing monitoring of global compliance with Recommendation 15, which extends AML/CTF obligations to the virtual asset sector. It aims to evaluate progress, identify implementation gaps and support jurisdictions in strengthening their regulatory frameworks. FATF has also published a best practices guide on Travel Rule supervision to help authorities address persistent implementation challenges. This reflects the cross-border nature of virtual assets and the systemic risks that may arise from inconsistent regulation.

The FATF (Financial Action Task Force) has published an updated report on the list of jurisdictions under increased monitoring. Since February 2024, various countries have had their progress reviewed by FATF including, but not limited to, Bulgaria, Haiti, South Africa and Vietnam. The report highlights Jamaica and Turkey as having made significant progress in improving their anti-money laundering and counter terrorist financing regimes, and therefore are no longer subject to increased monitoring. Kenya, Namibia, Syria and Yemen deferred their reports so statements issued by FATF may not reflect the most recent status of the jurisdictions’ regimes. FATF has also identified Monaco and Venezuela as having strategic deficiencies in their practices to counter money laundering and terrorist financing.

The Financial Action Task Force (FATF) has published a report examining how public-private partnerships (PPPs), other information-sharing mechanisms and data protection arrangements can help jurisdictions and the private sector detect, analyse and disrupt money laundering, terrorist financing and proliferation financing and other illicit finance risks. The report identifies at least 84 PPPs globally, with 52 surveyed jurisdictions reporting at least one domestic PPP and 18 reporting more than one. It finds that more than 75% of reporting jurisdictions use PPPs to share strategic information, while 55–66% use them for operational information sharing. The report also examines different information-sharing models and identifies key innovations, challenges, good practices and practical guidance to help jurisdictions develop or strengthen PPP frameworks. The FATF highlights the need for stronger cooperation between authorities and the private sector, encouraging jurisdictions to adopt or strengthen public-private partnerships and information-sharing frameworks to combat increasingly sophisticated illicit finance threats.

The Financial Action Task Force (FATF) has published a report identifying that 69% of assessed jurisdictions show major deficiencies in terrorist financing enforcement. The report documents evolving financing methods, including increased use of digital technologies, decentralised operations and convergence with organised crime. Based on data from 80 jurisdictions and 840 private sector submissions, FATF has outlined recommendations for enhanced international cooperation and provided risk indicators for detection. The findings highlight gaps in countries' ability to investigate and prosecute terrorist financing cases effectively.

The Financial Action Task Force (FATF) has published its seventh targeted update entitled 'Targeted Update on Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers'. The report finds that virtual assets-enabled illicit activity has grown more complex and interconnected since 2025. A Cambodia-based financial services conglomerate laundered at least USD 4 billion between 2021–25, serving both organised crime fraud networks and Democratic People's Republic of Korea (DPRK)-linked cyber theft through shared infrastructure, with USD 37 million attributed to DPRK weapons programmes. In June 2025, Spain's Guardia Civil dismantled a cryptocurrency fraud network that allegedly laundered approximately €460 million from over 5,000 victims globally. The FATF also identifies growing artificial intelligence enabled fraud using deepfakes and synthetic identities, and notes that most identified on-chain illicit activity now involves stablecoins, with one criminal-linked entity reportedly developing a proprietary stablecoin designed to resist asset freezing and seizure.