The updates follow the outcomes of the FATF Plenary held in Paris from 17–19 June 2026. The key developments are as follows.

Appendix D1 lists countries and territories for which the FATF has issued a call for action. The following jurisdictions remain on this list:

• Iran and the Democratic People's Republic of Korea (DPRK) - both continue to be subject to a call to apply countermeasures, owing to ongoing and substantial money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks.
• Myanmar - remains subject to a call to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction. The FATF noted that Myanmar has taken some steps to improve its regime but warned that if no further progress is made by October 2026, countermeasures may be considered.

Appendix D2 draws on multiple independent sources to identify countries and territories presenting ML/TF/PF risks. The FATF "grey list", known as "Jurisdictions under Increased Monitoring", is one of the principal inputs to this appendix.

At the June 2026 Plenary, two notable changes were made to the grey list:

• Added: Bosnia and Herzegovina and Iraq have been newly identified as jurisdictions under increased monitoring.
• Removed: Algeria and Namibia were removed following successful on-site visits confirming that both had completed their action plans and made positive progress in addressing strategic AML/CFT/CPF deficiencies.

Additionally, the FATF made initial determinations that Bulgaria, Côte d’Ivoire, the Democratic Republic of Congo, and Monaco have substantially completed their respective action plans and warrant on-site assessments.

Countries and territories listed under Sources 1 and 2 of Appendix D2 should be treated as not compliant with FATF Recommendations for the purposes of Article 17A of the Money Laundering (Jersey) Order 2008. This means that enhanced customer due diligence must be applied to any relationship with a relevant connection to such jurisdictions.

The JFSC expects supervised persons to take the following steps:

• Review policies, procedures, and existing customer relationships to assess the impact of these updates on their business.
• Take particular care when considering placing reliance on an obliged person based in one of the listed countries or territories.
• Discuss any concerns with their JFSC supervisor.

Supervised persons are also expected to exercise judgement in how they interpret and use the sources listed in Appendix D2, and to reach and document their own consideration and conclusions on risk.

JFSC industry update can be found here

Appendix D1 can be accessed here and Appendix D2 here