Scheda

A joint FATF-MONEYVAL Plenary meeting hosted at the Council of Europe concluded on 13th June strengthening global efforts to disrupt criminal activity.

After consultation with a broad range of stakeholders, the joint Plenary approved changes to the FATF Standards that will improve the safety and security of cross-border payments, in line with the G20 initiative to make payments faster, cheaper, more transparent and accessible.

This meeting marked a significant milestone by approving Council of Europe - Moneyval’s mutual evaluation of Latvia. This is the first evaluation under the new round of mutual evaluations which focuses on assessing how effectively countries are combatting money laundering, terrorist financing and proliferation financing in relation to risks they face.

The meeting considered progress made by three MONEYVAL members in addressing technical compliance shortcomings, within the framework of MONEYVAL Compliance Enhancing Procedures. These members will report back again in December 2025.

The Plenary approved a number of reports and resources for publication by the FATF in the coming months which will help countries stay alert and respond to the latest illicit finance threats in line with a risk-based approach. This includes updated guidance to support financial inclusion by bringing more people around the world into the formal financial sector.

New FATF procedures were also agreed to help prevent the misapplication of measures to protect non-profit organisations (NPOs) from abuse.

The Plenary also decided to remove Croatia, Mali and the United Republic of Tanzania from the FATF list of jurisdictions under the increased monitoring following successful on-site visits, and updated statements on ‘high-risk and other monitored jurisdictions’. Bolivia and the Virgin Islands (UK) were added to the list of jurisdictions under increased monitoring.

The FATF suspension of the Russian Federation continues to stand