FATF Adopts Ministerial Declaration to Strengthen Anti-fraud Combat and Risk-based Approaches

At the FATF Ministerial Meeting on April 17, 2026, Ministers agreed through their Ministerial Decision to implement measures aimed at countering money laundering, terrorist financing and the proliferation financing of weapons of mass destruction (AML/CFT/CPF) and to work on the effective risk-based implementation of the FATF standards.

Ministers indicated that countering AML/CFT/CPF promptly and decisively remains an urgent global priority. Ministers commit to use the full available AML toolkit to combat the threat of fraud, which includes organised scam centres and the misuse of legal persons, virtual assets and emerging technologies, such as artificial intelligence.

Ministers commit to full, swift and effective implementation of the FATF Standards, by submitting their countries to consistent and risk-based peer assessments. They confirm the significant number of jurisdictions with strategic deficiencies in the FATF standards application, so the FATF has reviewed its risk-based criteria to better identify the countries that pose a threat to the global financial system.

Other FATF’s strategic priorities for the nearest years include responsible innovation in finance, use of technological developments to enhance compliance effectiveness, application of the FATF standards in the virtual assets sector across the Global Network and through peer reviews.

FATF Ministerial Declaration of April 17, 2026