Financial Action Task Force (FATF) Plenary, an inter-governmental body focused on combating money laundering and terrorist financing, issued updated public statements on June 13, 2025, identifying jurisdictions with strategic Anti-Money Laundering (AML) and Combating of Financing of Terrorism (CFT) deficiencies. In its “High-Risk Jurisdictions subject to a Call for Action,” the FATF has urged members and other jurisdictions to apply countermeasures, targeted financial sanctions, and enhanced due diligence against the Democratic People’s Republic of Korea (DPRK), Iran, and Myanmar.
Additionally, the FATF has identified several jurisdictions under “Increased Monitoring” to address strategic deficiencies in their AML/CFT regimes. This list now includes Algeria, Angola, Bolivia, Bulgaria, Burkina Faso, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), and Yemen. Notably, Croatia, Mali, and Tanzania have been removed from the “Increased Monitoring” list. The FATF clarified that this advice does not prevent regulated entities from engaging in legitimate trade and business transactions with the listed countries. The FATF Plenary meets three times annually to update these statements, which serve to promote global adherence to measures against financial crime.
International Financial Services Centres Authority
PRESS RELEASE
Financial Action Task Force (FATF) High risk and other monitored jurisdictions – June 13, 2025
The Financial Action Task Force (FATF) Plenary releases documents titled “High-Risk jurisdictions subject to a Call for Action” and “Jurisdictions under Increased Monitoring” with respect to jurisdictions that have strategic Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) deficiencies.
The FATF, vide public statement ‘High-Risk Jurisdictions subject to a Call for Action’ dated June 13, 2025, has called on its members and other jurisdictions to apply countermeasures, targeted financial sanctions in accordance with UNSC Resolutions and enhanced due diligence measures proportionate to the risks arising from the jurisdiction with respect to Democratic People’s Republic of Korea (DPRK), Iran and Myanmar.
Further, FATF also identifies certain jurisdictions under Increased Monitoring to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. As per the latest public statement, the “Jurisdictions under Increased Monitoring” are Algeria, Angola, Bolivia, Bulgaria, Burkina Faso, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), Yemen. Further, Croatia, Mali and Tanzania have been removed from the list of Jurisdictions under Increased Monitoring. Such advice does not preclude the regulated entities licensed/ recognized/ registered or authorized by IFSCA from legitimate trade and business transactions with the countries and jurisdictions mentioned here.
Detailed information is available in the updated public statements and document released by FATF on June 13, 2025. The statements and document can be accessed at the following URL:
1. https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-june-2025.html
2. https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-june-2025.html
About FATF
The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. The FATF monitors the progress of its members in implementing necessary measures, reviews money laundering and terrorist financing techniques and countermeasures and promotes the adoption and implementation of appropriate measures globally. The FATF’s decision making body, the FATF Plenary, meets three times a year and updates these statements, which may be noted.
Gandhinagar
July 08, 2025
