Financial Action Task Force Concludes Paris Plenary with New Measures Against Financial Crime

Exam-focused facts from the 31 October 2026 current affairs briefing.

Key facts

The Financial Action Task Force (FATF) held its inaugural Plenary meeting under the presidency of Giles Thomson in Paris.
Member countries agreed to accelerate the implementation of FATF standards regarding virtual assets in jurisdictions with significant activity.
The FATF removed Bulgaria, Côte d’Ivoire, the Democratic Republic of the Congo, and Monaco from its list of jurisdictions under increased monitoring.