Financial crime watchdog keeps North Korea on blacklist, urges countermeasures

Voice of America · Jiha Ham · 2026-11-05 16:43 UTC

A leading financial crime watchdog, The Financial Action Task Force (FATF), has kept North Korea on its list of high-risk countries for the 16th consecutive year.

Editor's note: This story was translated from the original VOA Korean article.

A leading financial crime watchdog, The Financial Action Task Force (FATF), has kept North Korea on its list of high-risk countries for the 16th consecutive year.

In the latest update of its "call for action" list, the FATF is urging countries to apply countermeasures, its strongest level of action, citing Pyongyang’s continued efforts to finance its weapons programs. Iran is the only other country subject to the "countermeasures" designation.

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