Senior Treasury officials led a U.S. government delegation to FATF plenary meetings last week. At its first plenary under the United Kingdom’s presidency, the global body adopted mutual evaluation reports on the United States and Mexico.
FATF reiterated its call for countermeasures against Iran, agreed to publish a new report on scam centers, and committed to speeding up global implementation of standards related to digital assets.
The group called on all countries to implement reimposed UN Security Council resolutions related to Iran’s continued non-compliance with its nuclear agreements. It also reminded jurisdictions to restrict correspondent banking, digital asset transactions, and business relationships with Iran.
