The Financial Action Task Force (FATF), the global group that sets international anti-money laundering, counter-terrorism financing and counter-proliferation financing (AML/CTF/CPF) standards, has 2 updates relating to international money laundering, terrorism financing and proliferation financing (ML/TF/PF) risks.

The reports provide an update on jurisdictions that may pose a risk to the international financial system:

• High-Risk Jurisdictions Subject to a Call for Action – 13 February 2026: notes calls for action relating to North Korea, Iran and Myanmar, which have been identified as high-risk jurisdictions with significant strategic deficiencies in their AML/CTF/CPF regimes.  
• Jurisdictions Under Increased Monitoring – 13 February 2026: lists jurisdictions that have strategic deficiencies in their AML/CTF/CPF regimes and are actively working with the FATF to address them.

Reporting entities should be aware of countries that pose a higher risk of ML/TF and use this information to help guide their ML/TF risk assessments, compliance programs and decisions about submitting suspicious matter reports to AUSTRAC.

For further information, see our guidance on high-risk countries, regions and groups and our insights on risks and indicators of suspicious activity.