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FATF February 2026 plenary meeting

Header FATF February 2026 plenary meeting.

Summary

During its February 2026 plenary session, the FATF adopted key decisions on strengthening AML standards and monitoring high-risk jurisdictions.

16/02/2026

The Financial Action Task Force (FATF) has announced a series of key decisions during its February 2026 Plenary meeting regarding the fight against money laundering, terrorist financing, and financial crime. The key outcomes of the FATF February 2026 Plenary are:

  • New jurisdictions under increased monitoring. Kuwait and Papua New Guinea were added to the FATF’s “grey list.”
  • Mutual evaluation reports adopted. The FATF adopted assessment reports for Austria, Italy and Singapore under the new round of mutual evaluations. These reports assess the effectiveness of national AML/CFT systems and will be published between April and May 2026.
  • New guidance on emerging risks. The FATF approved publications on cyber-enabled fraud and virtual assets.
  • Strategic priorities agreed for the next biennium. Delegates defined the FATF’s focus areas for the coming two years. These priorities will be presented for endorsement at the FATF Ministerial meeting in April 2026.
  • New FATF President appointed. Giles Thomson of the United Kingdom was appointed as the incoming FATF President for the period July 2026 to June 2028.

With these decisions, the FATF remains committed to combating global money laundering and terrorist financing. Read the full summary of the plenary meeting on the FATF website. 

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