The Monitoring List is sometimes referred to as the FATF’s “grey” list and comprises jurisdictions that are actively working with the FATF to address strategic deficiencies in their AML/CFT/CPF regimes.
In its press release on 13 June 2025, the BVI Government welcomed the FATF’s recognition of the significant progress made on implementation of the recommended actions from the FATF Technical Report on BVI published in February 2024 and the high-level political commitment the BVI Government has made to ensure alignment with the FATF global standards.
The BVI Government confirmed that it is actively working to progress the target areas set out by the FATF and expects them to be completed over the next two years.
Our client update sets out some practical consequences of this listing, why BVI has been added and steps the BVI Government is taking to align BVI with FATF global standards.
