The FATF November 2026 plenary focused on Iranian illicit finance, Southeast Asian scam compounds and systemic virtual-asset compliance deficiencies. FATF also adopted mutual evaluations of the United States and Mexico, recognizing the effectiveness of the U.S. AML/CFT framework.

Iranian illicit finance

  • Iran remains on FATF's blacklist.
  • FATF reiterated its call for jurisdictions to impose countermeasures restricting correspondent banking, digital-asset transactions and other business relationships with Iran.
  • Members were urged to implement reimposed UN Security Council resolutions tied to Iran's noncompliance with nuclear commitments.

Southeast Asian scam compounds

  • FATF adopted a landmark report examining financial flows supporting scam compounds.
  • FATF plans coordinated measures to disrupt criminal networks, protect victims and hold jurisdictions accountable for failing to address scam-related financial risks.
  • The report reinforces U.S. sanctions efforts against compounds targeting older and vulnerable Americans.

Digital assets

  • FATF will conduct a targeted review of jurisdictions with longstanding virtual-asset sector deficiencies.
  • The review will inform decisions at the next plenary on accountability measures for jurisdictions whose systemic weaknesses enable laundering by fraudsters, drug traffickers and proliferation networks.

AML/CFT assessments

  • FATF adopted the Mutual Evaluation Reports of the United States and Mexico.
  • No new U.S. sanctions designations, digital-currency addresses, wind-down licenses or OFAC FAQs were announced.