Call for Action in Accordance with June 2026 FATF Statement (Notice from the Registrar)

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3. Call for Action in Accordance with June 2026 FATF Statement Notices from the Registrar # Call for Action in Accordance with June 2026 FATF Statement 24 June 2026 Regulated dealers must apply enhanced due diligence for transactions linked to high-risk jurisdictions. Review the latest FATF statements and update your risk assessments accordingly. **Action by regulated dealers against high-risk jurisdictions** Dear Regulated Dealer, The Registrar of Regulated Dealers hereby notifies all regulated dealers that the Financial Action Task Force (“**FATF**”) has issued statements dated 19 June 2026 on: - Countermeasures against the Democratic People’s Republic of Korea (“**DPRK**”) and Iran; - Enhanced due diligence measures against Myanmar; and - List of Jurisdictions under Increased Monitoring. Accordingly, under regulation 7(1) of the Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Regulations 2019 (“**PMLTFPF Regulations**”), regulated dealers **must perform enhanced customer due diligence measures** if: - The customer, or the person on whose behalf the customer is acting on, is from or in DPRK, Iran, Myanmar, or a foreign country or territory identified to have inadequate measures to prevent money laundering, terrorism financing or proliferation financing; or - The transaction relates to DPRK, Iran, Myanmar, or a foreign country or territory identified to have inadequate measures to prevent money laundering, terrorism financing or proliferation financing. Full details can be found at: [https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/call-for-action-june-2026.html ↗ (opens in new tab)](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/call-for-action-june-2026.html) **Jurisdictions under Increased Monitoring** Regulated dealers are also expected to take the List of Jurisdictions under Increased Monitoring into consideration when preparing and updating their risk assessment and mitigation plans and perform enhanced customer due diligence measures, when necessary. The latest list removed Algeria and Namibia and included Bosnia and Herzegovina and Iraq. Table: List of Jurisdictions under Increased Monitoring <table> <colgroup> <col style="width: 100%" /> </colgroup> <thead> <tr class="header"> <th><p><strong>Jurisdictions under Increased Monitoring</strong></p> <p>Angola</p> <p>Bolivia</p> <p>Bosnia and Herzegovina (<em>new</em>)</p> <p>Bulgaria</p> <p>Cameroon</p> <p>Côte d'Ivoire</p> <p>Democratic Republic of the Congo</p> <p>Haiti</p> <p>Iraq (<em>new</em>)</p> <p>Kenya</p> <p>Kuwait</p> <p>Lao People's Democratic Republic</p> <p>Lebanon</p> <p>Monaco</p> <p>Nepal</p> <p>Papua New Guinea</p> <p>South Sudan</p> <p>Syria</p> <p>Venezuela</p> <p>Vietnam</p> <p>Virgin Islands (UK)</p> <p>Yemen</p></th> </tr> </thead> <tbody> </tbody> </table> Full details can be found at: [https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-june-2026.html ↗ (opens in new tab)](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-june-2026.html) Back to top ## Anti-Money Laundering / Countering the Financing of Terrorism Division [Regulation](/regulation/)[Regulated Dealers](/regulated-dealers/)[Compliance](/compliance/entity-based-requirements/)[Customers](/customers/)[News](/news/) About MinLaw (opens in new tab)Our Vision, Mission and Core Values (opens in new tab)Our Management (opens in new tab)Organisation Structure (opens in new tab)What We Do (opens in new tab)FAQ (opens in new tab) ### Reach us Contact (opens in new tab) © 2026 Government of Singapore, last updated 24 September 2026 Report Vulnerability (opens in new tab)[Privacy Statement](/privacy/)[Terms of Use](/terms-of-use/)REACH (opens in new tab) [](https://www.isomer.gov.sg) Made with Isomer (opens in new tab)[](https://www.open.gov.sg) Built by Open Government Products (opens in new tab) ## Anti-Money Laundering / Countering the Financing of Terrorism Division [Regulation](/regulation/)[Regulated Dealers](/regulated-dealers/)[Compliance](/compliance/entity-based-requirements/)[Customers](/customers/)[News](/news/) About MinLaw (opens in new tab)Our Vision, Mission and Core Values (opens in new tab)Our Management (opens in new tab)Organisation Structure (opens in new tab)What We Do (opens in new tab)FAQ (opens in new tab) ### Reach us Contact (opens in new tab) © 2026 Government of Singapore, last updated 24 September 2026 Report Vulnerability (opens in new tab)[Privacy Statement](/privacy/)[Terms of Use](/terms-of-use/)REACH (opens in new tab) [](https://www.isomer.gov.sg) Made with Isomer (opens in new tab)[](https://www.open.gov.sg) Built by Open Government Products (opens in new tab)