Regulatory Alerts2026-06-29
Added · Updated
Financial Action Task Force (FATF) Publications - 19 June 2026
The Office of the Deputy Governor I, Financial Supervision Sector, informs all BSP-Supervised Financial Institutions (BSFIs) of the Financial Action Task Force (FATF) publications issued on June 19, 2026, regarding high-risk jurisdictions, those under increased monitoring, and the Russian Federation. The FATF calls for enhanced due diligence or countermeasures against DPRK, Iran, and Myanmar, while adding Bosnia and Herzegovina and Iraq to the increased monitoring list and removing Algeria and Namibia. The suspension of the Russian Federation's membership continues, with a call for vigilance against circumvention of measures, and BSFIs are directed to regularly consult the FATF website for updated guidance.