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FATF’s Oct 2025 Plenary removes Burkina Faso, Mozambique, Nigeria, and South Africa from its grey list, adopts new asset recovery guidance, and approves a horizon scan on AI and deepfake risks

October 27, 2025

The Plenary approved comprehensive new guidance on asset recovery, that will help countries build effective frameworks to close loopholes and recover proceeds of crime, including across borders – critical to reducing and disrupting money laundering and ultimately making crime unprofitable. It also approved a new Horizon Scan, to notify public and private sectors around the world about current and potential future illicit finance risks presented by AI and deepfakes…

UN’s new Cybercrime Convention, signed by 72 countries in Hanoi, sets the first global framework to combat cyber-enabled fraud and ML through stronger cooperation and evidence-sharing

October 25, 2025

This milestone treaty—opened for signature in Hanoi on 25 October 2025—establishes, for the first time, comprehensive global standards that criminalise cyber-dependent offences (such as online fraud, child sexual exploitation and non-consensual image dissemination) and facilitates rapid cross-border cooperation, including a dedicated 24/7 network. It will enter into force once 40 countries ratify it, thereby empowering all States—especially developing countries—to enhance their technical capacity and collective response to cybercrime…

Egmont Group’s report The Role of FIUs in Fighting Environmental Crimes calls on FIUs to enhance analytical tools, cross-border collaboration, and sectoral awareness to track illicit financial flows

October 25, 2025

The report outlines how FIUs face significant hurdles—including limited awareness, resources, and cooperation—in detecting and analysing money flows tied to environmental offences such as illegal logging, wildlife trade, fishing and mining. It recommends that FIUs integrate environmental crime into national risk assessments, share intelligence widely (domestically and internationally), treat such offences…

FATF’s Oct 2025 Call for Action flags North Korea, Iran, and Myanmar as high-risk jurisdictions with serious AML/CFT deficiencies, urging stronger due diligence and counter-measures

October 24, 2025

The statement reaffirms FATF’s intention to protect the global financial system from jurisdictions with severe, unaddressed money-laundering, terrorist-financing, and proliferation-financing risks. It underscores the continued application of stringent measures until these countries demonstrate substantial and verifiable progress in remedying their deficiencies…

INTERPOL adds 9 priceless jewels stolen from the Louvre Museum, including 19th-century royal treasures, in its Stolen Works of Art database and issues urgent alerts

October 21, 2025

Four suspects used a mechanical ladder to access the Galerie d’Apollon, cut through display cases, and fled with the items. A crown once belonging to Empress Eugénie of France was recovered at the scene, seemingly dropped by the intruders. Eight other items remain missing. The stolen jewels have been added to INTERPOL’s Stolen Works of Art database, which combines descriptions and pictures of more than 57,000 items from around the world. INTERPOL has also published a special edition poster alerting its membership of the theft…

G20/OECD Report on Blended Finance De-risking Measures warns that weak governance and opaque guarantee structures can turn blended-finance projects into targets for corruption, ML, and fraud

October 17, 2025

The report underscores that effective de-risking depends on transparent structures, coherent regulations, and well-governed financial ecosystems capable of attracting sustainable private investment. These measures, while aimed at mobilising capital, also strengthen safeguards against illicit finance by promoting clearer disclosure, traceability, and accountability across blended-finance operations…

OECD’s 10-year review of the BEPS initiative highlights major gains in tax transparency and global cooperation, indirectly reinforcing AML efforts by curbing profit-shifting and reducing avenues for illicit financial flows

October 15, 2025

The report reflects on ten years of international tax reform, noting stronger frameworks for transparency, information exchange, and fairer global taxation. These developments enhance the integrity of the financial system by narrowing gaps that enable corporate tax abuse and by complementing AML measures aimed at tracing and deterring illicit cross-border flows.

FSB publishes a report examining how authorities monitor AI adoption and related vulnerabilities in the financial sector, building on its 2024 report and outlining the next steps for oversight

October 10, 2025

The report identifies a range of direct and proxy indicators to support monitoring of AI adoption and related vulnerabilities in the financial system. The report includes a case study on recent developments in the AI supply chain and implications of financial institutions’ reliance on a few critical third-party providers. These include vulnerabilities related to criticality, concentration, and substitutability…

FSB releases its 2025 progress report on the G20 Roadmap for Enhancing Cross-Border Payments calling for enhanced policy implementation to achieve tangible improvements

October 9, 2025

This report evaluates the advancements made towards achieving the G20’s targets for faster, cheaper, more transparent, and inclusive cross-border payments. While significant milestones have been reached, such as the finalisation of key policy recommendations and the revision of standards by FATF, the report indicates that these efforts have not yet resulted in substantial improvements…

FATF hosts a webinar on Demystifying Extended Confiscation aimed at assisting countries in enhancing criminal assets recovery while safeguarding fundamental rights

October 9, 2025

Key points covered the definition of extended confiscation and the revised FATF Standards, insights from panellists’ national experiences highlighting challenges and best practices, case studies of successful implementations, and discussions on incorporating safeguards to protect fundamental rights when designing and applying extended confiscation laws…

Egmont Group launches Phase II of its project to boost FIUs’ role in asset recovery, focusing on stronger asset-freezing powers, cooperation, advanced intelligence tools, and private-sector partnerships

October 2, 2025

The report highlights that while many FIUs possess the legal authority to freeze assets, challenges persist in effectively utilizing these powers, especially in cross-border contexts. Key findings include the necessity for enhanced international cooperation, the establishment of robust domestic strategies, and the adoption of advanced financial intelligence tools. Recommendations emphasize the importance of empowering FIUs with comprehensive asset freezing capabilities…

UNODC’s 2025 Minerals Crime report warns that rising demand for critical minerals fuels corruption and illicit financial flows, calling for stronger global transparency and enforcement

September 30, 2025

The report examines the key actors, networks, and methods involved in illicit activities within critical energy transition mineral (CETM) supply chains. It also recommends strengthening governance, regulatory oversight, and international cooperation to mitigate associated criminal and environmental risks…

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