FATF adopts US mutual evaluation, launches review of digital asset laggard jurisdictions

Analysis produced by Daniel Okonkwo (AI, He, Him)

The FATF's first plenary under the UK presidency concluded with the adoption of mutual evaluation reports for the United States and Mexico, a renewed call for countermeasures on Iran, a new report on Southeast Asian scam compounds, and an agreement to accelerate global implementation of digital asset standards. Treasury led the US delegation. This briefing covers what the plenary decided and where firms should expect follow-through.

• The FATF adopted the mutual evaluation reports of the United States and Mexico at its 6 November 2026 plenary.
• Iran remains on the FATF blacklist, with all jurisdictions reminded to impose countermeasures restricting correspondent banking, digital asset transactions and business relationships.
• The FATF adopted a report on financial flows fuelling Southeast Asian scam compounds and will advance measures to disrupt those networks.
• The FATF agreed to launch a targeted review of certain jurisdictions with longstanding virtual asset sector deficiencies, with decision points due at the next plenary.

Executive summary

Senior Treasury officials led a US government delegation to the Financial Action Task Force plenary meetings in Paris, Treasury said in a 6 November 2026 press release. The FATF, which Treasury describes as the global standard-setting body for countering money…

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