Financial Action Task Force

Anti-Money Laundering

FATF Adds Iraq to Grey List, Approves Reports on DeFi and Hawala

By Manesh Samtani | 22/06/2026

The FATF concluded its plenary, appointing a new Vice-President from India and flagging new AML risks.

Anti-Money Laundering

Pacific Nations to Get New AML, Seizure Powers Under Model Law

By Manesh Samtani | 22/06/2026

A new model legal framework introduces non-conviction-based asset forfeiture to help Pacific island jurisdictions meet updated global AML standards.

PEPs & Sanctions

FATF Upgrades Indonesia Rating for CFT Sanctions Framework

By Manesh Samtani | 08/06/2026

FATF re-rated Indonesia as 'Compliant' with a key recommendation following significant legal and procedural amendments.

Anti-Money Laundering

Hong Kong Calls for Global Action on Digital Assets to Combat Terror Financing

By Sanday Chongo Kabange | 23/05/2026

Hong Kong’s finance chief has urged jurisdictions to implement international standards for digital assets and enhance cooperation to prevent their use in illicit finance.

Anti-Money Laundering

Worldclear Leaks Expose AML Lapses at New Zealand Payments Firm

By Sanday Chongo Kabange | 13/05/2026

A leak shows the New Zealand financial services provider processed millions for high-risk clients, highlighting regulatory gaps and AML control failures.

Anti-Money Laundering

Clarity Needed in FATF R16 Guidance to Prevent De-Risking: RUSI Analyst

By Manesh Samtani | 13/05/2026

Forthcoming guidance on the FATF’s revised Recommendation 16 must provide clear, practical rules to avoid harming financial inclusion.

Anti-Money Laundering

Good is No Longer Enough: FATF’s Core Message to Singapore

By Manesh Samtani | 12/05/2026

The strength of Singapore’s AML framework was affirmed, but the SGD 3 billion case has moved the goalposts from compliance to effectiveness.

Anti-Money Laundering

FATF Finds Singapore AML Regime is Robust, Despite Some Gaps

By Nithya Subramanian | 07/05/2026

Singapore has improved its AML framework, FATF said, while calling for tougher penalties and better oversight of foreign entities following a major scandal.

Anti-Money Laundering

Vietnam Sets Out AML/CFT Action Plan Ahead of APG Review

By Sanday Chongo Kabange | 30/04/2026

The plan aims to overhaul Vietnam's legal framework and enforcement effectiveness in preparation for its 2028 APG mutual evaluation.