The June 2026 FATF Plenary, held in Paris under the Presidency of Elisa de Anda Madrazo, concluded with several important decisions that will continue shaping the evolution of the international AML/CFT/CPF framework.
Among the most significant outcomes were:
? Grey List Update
? Bosnia and Herzegovina and Iraq were added to Increased Monitoring.
? Algeria and Namibia successfully exited the Grey List after completing their FATF Action Plans.
? Update to FATF Recommendation 6
The FATF amended Recommendation 6 to formally incorporate the humanitarian exemptions established under United Nations Security Council Resolutions 2664 and 2761, ensuring that targeted financial sanctions do not impede legitimate humanitarian assistance.
? Public-Private Partnerships
Approval of a new Global Overview on Public-Private Partnerships and Information Sharing, aimed at strengthening intelligence exchange between authorities and the private sector while respecting data protection requirements.
? Cross-Border Payment Transparency
Launch of a public consultation regarding updated guidance for Recommendation 16, seeking to enhance payment transparency and combat money laundering, terrorist financing, proliferation financing and fraud.
? Emerging Threats
The FATF approved new reports addressing:
? Terrorist financing through social media, messaging applications and streaming platforms;
? Underground banking and Hawala systems;
? Risks within casinos and the wider gambling sector;
? Virtual Assets and Virtual Asset Service Providers (VASPs);
? Decentralized Finance (DeFi).
? Mutual Evaluations
The Plenary adopted the Mutual Evaluation Reports of Canada and Türkiye, under the new round of FATF assessments focused on effectiveness and implementation.
? UK Presidency (2026?2028)
The incoming UK Presidency announced that its strategic priorities will focus on combating the global fraud epidemic; strengthening implementation of the Risk-Based Approach; enhancing information sharing; and expanding Public-Private Partnerships.
Taken together, these decisions clearly demonstrate that FATF is increasingly focusing on technology, digital finance, fraud, information sharing, and operational effectiveness, while continuing to strengthen the implementation of the Risk-Based Approach across all sectors.
At CASSAGNE Consultores, we closely monitor every FATF Plenary and assist organizations in understanding how these international developments translate into practical compliance obligations and strategic opportunities.
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