Financial Action Task Force High-Risk and Other Monitored Jurisdictions
RBI press-release 2026-2027/685 · 16 Jul 2026
Official title
Financial Action Task Force (FATF) High risk and other monitored jurisdictions – June 17-19, 2026
RBI press-release 2026-2027/685 · 16 Jul 2026
Official title
Financial Action Task Force (FATF) High risk and other monitored jurisdictions – June 17-19, 2026
Summary
Check the official recordThe Reserve Bank of India has issued an update regarding the Financial Action Task Force (FATF) plenary held in June 2026. The FATF maintains its call for action against the Democratic People’s Republic of Korea, Iran, and Myanmar, requiring regulated entities to apply enhanced due diligence measures proportionate to risks while ensuring that humanitarian assistance, legitimate non-profit activities, and remittances remain undisrupted. Additionally, the FATF updated its list of jurisdictions under increased monitoring for strategic anti-money laundering and counter-terrorist financing deficiencies. Algeria and Namibia were removed from this list, while Bosnia and Herzegovina and Iraq were added. Regulated entities are advised to note these updates, which do not preclude legitimate trade and business transactions with the listed jurisdictions.
What you must do
Key dates
Who is affected
Exceptions
July 16, 2026
Financial Action Task Force (FATF) High risk and other monitored jurisdictions – June 17-19, 2026
The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action – 19 June 2026’, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in the October 2022. FATF plenary and FATF has called on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risk arising from Myanmar. When applying enhanced due diligence measures, countries have been advised to ensure that flows of funds for humanitarian assistance, legitimate NPO activity and remittances are not disrupted. The status of Myanmar in the list of countries subject to a call for action, remains unchanged.
FATF had earlier identified the following jurisdictions as having strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing and had placed the jurisdictions under Increased Monitoring, which had developed action plan with the FATF to deal with them. These jurisdictions were: Algeria, Angola, Bolivia, Bulgaria, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Kuwait, Lao People's Democratic Republic (Lao PDR), Lebanon, Monaco, Namibia, Nepal, Papua New Guinea, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK) and Yemen. As per the June 19, 2026 FATF public statement Algeria and Namibia have been removed from the list and Bosnia and Herzegovina and Iraq have been included to this list based on review by the FATF.
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 AML/CFT deficiencies as part of the ongoing efforts to identify and work with jurisdictions with strategic Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) deficiencies. This advice does not preclude the regulated entities from legitimate trade and business transactions with these countries and jurisdictions mentioned there.
The detailed information is available in the updated public statements and document released by FATF on June 19, 2026. The statements and document can be accessed at the following URL:
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ǐरज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
I. https://www.fatf-gafi.org/content/fatf-gafi/en/publications/Fatfgeneral/outcomes-fatf-plenary-june-2026.html II. https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-june-2026.html III. https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/call-for-action-june-2026.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 counter-measures, 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.
(Brij Raj) Press Release: 2026-2027/685 Chief General Manager