FATF Plenary Outcomes: Evaluations, Cyber Fraud, Virtual Assets

Thu, 23 Apr 2026 23:00:57 +0000
Anti-Money Laundering

The FATF Plenary convened February 11-13, 2026 in Mexico City with delegates from over 200 jurisdictions. The Plenary adopted mutual evaluation reports for Austria, Italy, and Singapore under the 5th round methodology, marking the first adoptions in this new cycle. Two new publications were approved: one on cyber-enabled fraud and another addressing virtual asset service providers, stablecoins, and self-custody wallets. Kuwait and Papua New Guinea were added to the increased monitoring list, while Iran's public statement was updated and Russia's suspension remains in force. Giles Thomson of the United Kingdom was named incoming FATF President for July 2026-June 2028.