FATF adds Bosnia and Herzegovina and Iraq to its grey list for enhanced AML/CFT monitoring, removes Algeria and Namibia and maintains Iran, North Korea, and Myanmar on its high-risk blacklist

FATF updated its list of jurisdictions under increased monitoring (“grey list”) at its June 2026 Plenary, adding Bosnia and Herzegovina and Iraq due to strategic deficiencies in their AML/CFT frameworks. Both countries have committed to implementing FATF action plans within agreed timelines. At the same time, Algeria and Namibia were removed from the grey list after making sufficient progress in addressing their AML/CFT deficiencies…