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FATF June 2026 plenary meeting

Header FATF June 2026 plenary meeting.

Summary

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

22/06/2026

The Financial Action Task Force (FATF) wrapped up its June Plenary, marking the final session under Mexico's presidency, led by Elisa de Anda Madrazo. The key outcomes of the FATF June 2026 Plenary are:

  • New jurisdictions under increased monitoring. Algeria and Namibia were removed from the increased-monitoring grey list after completing their action plans, while Bosnia and Herzegovina and Iraq were added.
  • Mutual evaluation reports adopted. The FATF adopted assessment reports for Canada and Türkiye under the new round of mutual evaluations.
  • New FATF Vice-President appointed. Mr. Vivek Aggarwal of India was appointed as the incoming Vice-President of the FATF (July 2026 – June 2027).
  • New Observer to the task force. The Plenary also welcomed the Alliance for Financial Inclusion as a new observer.
  • New consultative body. The FATF launched a Global Strategy Group to strengthen coordination across FATF's regional bodies.
  • New public consultation. The Plenary approved a public consultation on new guidance that will support the implementation of the strengthened FATF Standard on cross-border payment transparency (Recommendation 16). The proposed guidance will help countries and financial institutions strengthen (cross-border) payment transparency.
  • New guidance on emerging risks. The FATF approved publications on social media, virtual assets, underground banking, and the gambling sector.

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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