Archive · 25 Oct 2025
FATF Maintains Blacklist Status for North Korea, Iran, and Myanmar
The Financial Action Task Force (FATF), a global watchdog, is keeping North Korea, Iran, and Myanmar on its blacklist.
These countries haven't done enough to stop criminals and terrorists from using money illegally.
Myanmar was put on the list in 2022.
Iran's action plan expired in 2018.
The FATF is telling financial institutions to be careful when dealing with these countries to prevent money from going to the wrong places, such as funding weapons.
Other countries have also been reviewed.
FATF maintains blacklist status for North Korea, Iran, and Myanmar due to AML/CFT deficiencies.
Myanmar has been on the blacklist since October 2022.
Iran's action plan expired in 2018, with key deficiencies remaining.
FATF calls for targeted financial sanctions and other measures against listed countries.
Burkina Faso, Mozambique, Nigeria, and South Africa removed from greylist after action plans complete.
- Who
- Financial Action Task Force (FATF)
- What
- Maintaining the blacklist of high-risk jurisdictions due to deficiencies in their anti-money laundering and counter-terrorist financing (AML/CFT) regimes.
- When
- Ongoing, with reviews conducted in 2025.
- Where
- Paris, France
- Why
- To combat money laundering and terrorist financing.
- Organization
- Financial Action Task Force (FATF)
- Blacklisted Countries
- North Korea, Iran, Myanmar
- Myanmar's Blacklist Date
- October 2022
- Iran's Action Plan Expiration
- 2018
Sources
Exit From Grey List Not Bulletproof Against Terror Financing: FATF Warns Pak
FATF Warns Pakistan Against Terror Financing
Exit from Greylist not bulletproof: FATF warns Pakistan against terror financing
FATF warns Pakistan, says exit from 'greylist' not gives it immunity from money laundering & terror financing