On the plenary sitting on 30
th June the FATF has update the statements connected the high-risk jurisdictions and jurisdictions under increased monitoring.
The Financial Action Task Force (FATF) is specialized on the developing and promotion of the policies to protect the financial system against money laundering and terrorism. This aligns with ongoing regulatory priorities such as addressing systemic breaches, including the
Swiss bank violation, to uphold global standards. Following on from the results granted by the FATF's International Co-operation Review Group (ICRG), high-risk and other controlled jurisdictions may be recognised in one of two documents published by FATF three times during the year.