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FATF President identifies fraud as top operational priority, calling for stronger global efforts to prevent fraud, share intelligence and recover illicit assets at G20 Meeting

October 19, 2026

He highlighted plans to strengthen prevention, information sharing, public-private partnerships, disruption and asset recovery through FATF standards and its Global Network. He also called for risk-based supervision to direct resources towards the greatest threats. Thomson stressed the need for effective implementation of FATF standards on virtual assets, which continue to be exploited…

FSB’s Final report on AI adoption in FIs sets out 12 sound practices for governing AI and managing risks, including fraud detection, AML/KYC, cybersecurity and third-party dependencies

October 15, 2026

The report highlights growing concerns around agentic AI, cybersecurity vulnerabilities, third-party dependencies and over-reliance on automated systems.
It emphasises stronger governance, clear accountability, human oversight and improved monitoring of AI systems throughout their lifecycle. The guidance also stresses proportionate risk controls and the need to adapt existing frameworks as AI technologies evolve…

OECD’s AI privacy Policy Brief highlights risks from chatbot data and web scraping, calling for greater transparency, stronger opt-out controls and better ways to remove personal data from trained models

October 15, 2026

The brief examines privacy risks arising from chatbot interactions and web scraping, highlighting opt-out mechanisms, data filtering and privacy-enhancing technologies as potential safeguards. It also explores the challenges of personal data memorisation, machine unlearning and emerging agentic AI systems, recommending closer collaboration between regulators and industry to strengthen user control…

FSB consults on 8 high-level principles to modernise financial regulation and supervision, focusing on material risks, proportionality and accountability – feedback by 8 Jan 2027

October 14, 2026

The proposals focus on risk-based oversight, regulatory efficiency and adapting frameworks to emerging technologies and vulnerabilities. An accompanying review finds that implementation challenges stem partly from national differences and, in some cases, how international standards are developed. Feedback is invited by 8 Jan 2027, with the final report expected in the first half of 2027…

OECD’s Policy brief examines how govts are investing in AI chips, data centres and public-private partnerships to expand computing capacity, improve access and strengthen infrastructure resilience

October 13, 2026

It highlights growing use of public funding, subsidies and public-private partnerships to expand domestic capacity and improve access for researchers and businesses. The OECD notes that high costs, rising demand and supply-chain vulnerabilities could constrain AI innovation and economic resilience.
It recommends assessing national needs and aligning investment with policy objectives, while considering international cooperation where domestic…

Sayari’s blog calls on FIUs to shift from reactive monitoring to proactive screening to detect financial crime earlier

October 10, 2026

Sayari argues that reactive controls leave gaps, as institutions often identify suspects only after regulatory designations, indictments or adverse media reports. Proactive screening combines beneficial ownership data, corporate networks, regulatory alerts, adverse media and trade intelligence to detect sanctions evasion, dual-use goods trafficking and suspicious trade patterns earlier. The blog highlights a sanctions-evasion network distributing…

BIS recent survey examines AML/CFT risk-assessment approaches across 19 jurisdictions, highlighting different methodologies that can strengthen risk-based supervision and supervisory judgement

October 1, 2026

The survey found a range of approaches to AML/CFT risk assessment, with lessons for strengthening supervisory judgement and risk-based oversight.
The Committee noted that AI’s growing financial footprint and interconnected financing could create new vulnerabilities. It highlighted potential exposure to cyberattacks and correlated dependencies as AI becomes embedded in critical financial functions. Further details on the AML/CFT work are expected…

FATF and APG’s 2026 Mutual Evaluation of Canada exposes weaknesses in AML supervision, professional money laundering prosecutions and asset recovery, despite strong financial intelligence capabilities

September 29, 2026

The report identifies inadequate oversight of higher-risk sectors, including real estate and precious metals dealers, alongside inconsistent beneficial ownership transparency across provinces and territories. Canada must strengthen risk-based supervision, tackle complex money laundering cases and improve confiscation outcomes under a three-year improvement roadmap.

UN Crime Congress, bringing together 121+ countries, adopts five-year roadmap to tackle ML/TF, illicit financial flows and AI-enabled financial crime

September 26, 2026

The Abu Dhabi Declaration calls for stronger financial investigations, asset tracing and recovery, and cross-border cooperation to disrupt the financial networks underpinning organised crime and other illicit activities. Countries are encouraged to translate the Declaration into specific, measurable and time-bound commitments through 2031, reinforcing international cooperation and national capabilities. This places financial crime, illicit financial flows and…

FATF’s 2026 Mutual Evaluation highlights Türkiye’s stronger financial intelligence and international cooperation, but reveals weaknesses in complex ML investigations, supervision and BO controls

September 23, 2026

The assessment calls for greater focus on drug trafficking, smuggling, professional ML, illegal betting and cross-border financial crime, with authorities urged to pursue more complex and high-value ML cases. Türkiye has been placed in enhanced follow-up and given a 3-year roadmap to strengthen ML/TF investigations and prosecutions, improve risk-based supervision and address weaknesses in asset tracing, seizure and confiscation…

UN Sanctions List last updated

September 20, 2026

INTERPOL’s AI-powered Operation Shams II identified 126 Foreign Terrorist Fighters from more than 108,000 facial images, while cryptocurrency tracing probed potential terrorist-financing flows

September 18, 2026

The operation, involving 28 experts from 11 countries, has so far identified 126 Foreign Terrorist Fighters, with the intelligence being added to INTERPOL databases to support investigations into their locations and networks. Investigators also used cryptocurrency tracing tools to identify potential terrorist-financing flows, prompting three urgent requests to a virtual asset service provider for customer information…

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