Regulatory Alerts2026-08-17
Added · Updated
Disclosure of FATF statements (June 2026 plenary meeting)
Institutions are informed about the Financial Action Task Force (FATF) statements from its June 2026 plenary meeting. This document mandates the continued application of countermeasures against North Korea and Iran, citing a very high risk of money laundering, terrorist financing, and proliferation financing, as per Article 99(1)(b) of Law No. 83/2017. Furthermore, institutions must continue to adopt enhanced identification and due diligence measures, including special scrutiny of all business relationships and transactions, for North Korea, Iran, and Myanmar. For other jurisdictions under increased monitoring or high-risk third countries, proportional enhanced measures are required.