The Financial Intelligence Unit of Cyprus (MOKAS), in accordance with the provisions of the Prevention and Suppression of Money Laundering and Terrorist Financing Law (Law 188(I)/2007, as amended), has published its Annual Report for the year 2025. The Report provides a comprehensive overview of the Unit’s work during the previous year and includes statistical data…
The Anti-Money Laundering Authority (AMLA) has launched a series of public consultations aimed at gathering input from stakeholders, including obliged entities, supervisory authorities, and the general public, on key aspects of the European Union’s anti-money laundering and counter-terrorism financing (AML/CTF) framework. These consultations form part of AMLA’s mandate to develop Regulatory Technical Standards (RTS), guidelines,…
The MONEYVAL has published typologies report on “Money Laundering, Terrorist and Proliferation Financing Risks from Conflict Proceeds”, which examines the growing risks associated with illicit funds generated in conflict-affected areas and their potential use within the global financial system. The report highlights that conflict environments create significant opportunities for criminal activity, including trafficking, illegal resource…
February 16, 2026 The Financial Action Task Force (FATF) has published the outcomes of its February 2026 Plenary in Mexico City, including an update to its list of jurisdictions under increased monitoring (the so-called Grey List). At this meeting, FATF added Kuwait and Papua New Guinea to the Grey List, reflecting their commitment to address…
February 16, 2026 The Financial Action Task Force (FATF) has published the outcomes of its February 2026 Plenary in Mexico City, including an update to its list of jurisdictions under increased monitoring (the so-called Grey List). At this meeting, FATF added Kuwait and Papua New Guinea to the Grey List, reflecting their commitment to address…
