On 13 June 2025, the Financial Action Task Force (FATF) published its latest update on countries under increased monitoring for anti-money laundering and counter-terrorist financing (AML/CFT) compliance. The FATF’s “grey list” highlights jurisdictions working to address strategic deficiencies in their regimes to combat money laundering, terrorist financing, and proliferation financing.
The FATF’s monitoring process involves close engagement with listed countries, which have committed to swiftly resolve identified issues within agreed timeframes. The June 2025 update includes Algeria, Angola, Bolivia, Bulgaria, Burkina Faso, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), and Yemen. Croatia, Mali, and Tanzania are no longer subject to increased monitoring.
The FATF encourages member states and all jurisdictions to consider this information in their risk assessments, while ensuring that legitimate humanitarian, non-profit, and remittance activities are not disrupted. The monitoring process is designed to support countries in strengthening their legal and institutional frameworks, with a focus on risk-based supervision, beneficial ownership transparency, and effective implementation of targeted financial sanctions.
