CIRCULAR NO.13 ISSUED ON 14TH FEBRUARY,2026 TO ALL ACCOUNTABLE PERSONS HIGH RISK JURISDICTIONS RECOMMENDATION 19 OF THE FINANCIAL ACTION TASK FORCE (FATF) STANDARDS.
- February 18, 2026
- Posted by: admin
- Categories: News, Press releases
REGULATION 44 OF THE ANTI-MONEY LAUNDERING REGULATIONS, 2015 (AS AMENDED).
Further to our circular No. 12 issued on 25th October,2025, we hereby issue Circular No. 13 to notify you of the on-going efforts by the Financial Action Task force (FATF) to identify and work with jurisdictions with strategic AML/CFT deficiencies. After the FATF Plenary meeting that was held from 11th -13th February 2026, FATF has issued the following public statements identifying jurisdictions in the following categories
Jurisdictions under Increased Monitoring
In light of the jurisdictions identified by FATF in its statement, “Jurisdictions under Increased Monitoring” dated 13th February 2026, Jurisdictions under increased monitoring are actively working with the FATF to address the strategic deficiencies in their regimes to counter money laundering, terrorist financing and proliferation financing. A number of jurisdictions were listed as subject to increased monitoring, namely; Algeria, Angola, Bolivia, Bulgaria, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Namibia, Nepal, South Sudan, Syria, Venezuela, Vietnam, the Virgin Islands (UK) and Yemen. Please note that at this plenary, the FATF added Kuwait and Papua New Guinea to the list of jurisdictions subject to increased monitoring. The full details of the statement and countries can be found at