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UAE assumes the 2026 MENAFATF Presidency, driving regional AML/CFT efforts, strengthening governance and cooperation, and tackling emerging risks from virtual assets and fintech

by Jyotsna Bucktowar | Jan 5, 2026

The UAE will oversee preparations for the third round of mutual evaluations under the updated FATF methodology. Focus on emerging financial-crime threats such as virtual assets, fintech innovations, AI, and beneficial ownership transparency. UAE’s presidency is part...

MENAFATF’s 4th follow-up report upgrades Egypt to ‘Largely Compliant’ on FATF R.3, citing strong legal reforms yet ongoing gaps in tackling organised crime and AML/CFT enforcement

by AdrianaAMLP | Oct 2, 2025

The report recognizes Egypt’s continued progress in enhancing its AML/CFT framework, particularly through legislative amendments, judicial clarification, and stronger institutional coordination. It also emphasizes the need for deeper operational effectiveness,...

MENAFATF’s 5th follow-up report elevates Jordan’s AML/CFT ratings, recognising enhanced NPO oversight, DNFBP measures, and beneficial ownership controls

by AdrianaAMLP | Oct 2, 2025

MENAFATF’s 5th Enhanced Follow-Up Report highlights substantial legal and supervisory reforms, re-rating four FATF Recommendations upward and concluding Jordan’s current follow-up process before its 2027 mutual evaluation…

MENAFATF upgrades Algeria on five FATF Rec., acknowledging AML/CFT progress but keeping the country under heightened scrutiny due to remaining compliance gaps

by AdrianaAMLP | Jun 30, 2025

In its May 2025 enhanced follow-up report, MENAFATF acknowledged Algeria’s progress in strengthening its anti-money laundering and counter-terrorist financing (AML/CFT) measures, resulting in the re-rating of five FATF Recommendations, including those on customer due...

MENAFATF praises Egypt for key AML/CFT advancements, such as expanding DNFBP definitions, tackling virtual asset risks, and implementing a system to identify unlicensed MVTS

by AdrianaAMLP | Mar 20, 2025

Egypt has made significant progress in meeting FATF recommendations, achieving “Compliant” ratings for Recommendations 23 and 14, and “Largely Compliant” ratings for Recommendations 22 and 15, addressing key AML/CFT requirements but facing some...
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Recent Posts

  • FATF publishes a targeted report on stablecoins and unhosted wallets, warning that these fast-growing crypto tools, facilitating over 80% of criminal virtual asset transactions, are fueling global ML/TF risks
  • EBA and ESMA launch a consultation to harmonise ‘fit-and-proper’ checks for senior bank and investment leaders, proposing clearer supervision, standardised suitability, and stronger AML safeguards – feedback by 25 May 2026
  • AUSTRAC publishes guidance on its new compulsory examination powers, detailing how it can require individuals or businesses to attend, answer questions, and provide documents for AML/CTF compliance
  • HMT publishes guidance on Using Digital Identities with the MLRs, clarifying that regulated firms can use certified digital identities on the DVS Register to meet AML customer due diligence requirements
  • CoLP Domestic Corruption Unit arrests the Chief Executive of the Police Federation of England & Wales and 2 senior officials on suspicion of fraud by abuse of position in a financial misconduct probe

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