FATF’s Mutual Evaluation Report of Italy 2026 reveals a sophisticated and resilient AML/CFT regime capable of tackling complex FC, but highlights gaps in enforcement, transparency, and sanctions

However, effectiveness remains uneven, with limited pursuit of simpler money laundering cases, gaps in beneficial ownership transparency, weaker supervision of non-financial sectors, and sanctions that are not sufficiently dissuasive, while ongoing exposure to organised crime continues to pose risks, leading FATF to call for stronger enforcement, greater transparency, and more consistent application of measures across all sectors…