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Recital 10

Recital 10

(10)The FATF has welcomed the significant progress made by Burkina Faso, Mali, Mozambique, Nigeria, South Africa and Tanzania in improving their AML/CFT regimes. The FATF has also noted that those jurisdictions have set up legal and regulatory frameworks to meet the commitments in their respective action plans on the strategic deficiencies identified by the FATF. Therefore, the FATF removed Burkina Faso, Mali, Mozambique, Nigeria, South Africa and Tanzania from its list of ‘Jurisdictions under Increased Monitoring’ in June and October 2025. Consequently, Burkina Faso, Mali, Mozambique, Nigeria, South Africa and Tanzania are no longer subject to the FATF’s monitoring process under its ongoing global AML/CFT compliance process and will continue to work with their FSRBs to further strengthen their AML/CFT regimes.

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