FATF Plenary October

On 25 October, the Financial Action Task Force (FATF) published the outcomes of its Plenary Meeting held from 23–25 October 2024. Several key issues were on the agenda.

Update to the List of Jurisdictions with Strategic Deficiencies

The so-called “grey list” of the FATF was updated.

New countries added to the list

Algeria, Côte d’Ivoire, Angola and Lebanon were newly added. Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. These countries have committed to implementing an action plan to address the identified issues within agreed timeframes.

Countries removed from the list

Senegal was removed from the grey list. Countries are generally delisted when the FATF determines that they have made significant progress in addressing the strategic deficiencies identified in their AML/CFT systems.

You can find all outcomes of the FATF Plenary here: Outcomes FATF Plenary, 23-25 October 2024