Financial Action Task Force

Anti-Money Laundering

FATF Demands Myanmar Tackle Illicit Finance from Scam Networks

By Editors | 30/06/2026

FATF has maintained Myanmar on its blacklist, urging it to act against extensive cyber-fraud operations and their significant illicit finance risks.

Anti-Money Laundering

FATF Calls for Greater Oversight of Social Media in Terrorist Financing

By Manesh Samtani | 28/06/2026

New report finds most jurisdictions are failing to cover risks from payment-enabled platforms, urging a clarification of regulatory scope.

Anti-Money Laundering

FATF Seeks Feedback on New Payment Transparency Guidance

By Manesh Samtani | 25/06/2026

The FATF is seeking input on draft guidance for its revised Recommendation 16, which introduces new alignment checks and data requirements for FIs.

PEPs & Sanctions

FATF Amends Terror Financing Rules to Protect Humanitarian Aid

By Manesh Samtani | 24/06/2026

FATF has updated its standards to ensure targeted financial sanctions do not impede legitimate humanitarian activities.

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.