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FATF grey-lists Kuwait and Papua New Guinea, bringing monitored jurisdictions to 22

Regulation

The FATF added Kuwait and Papua New Guinea to its grey list at its February 2026 plenary, bringing the number of jurisdictions under increased monitoring to 22. The report says the designations can affect gambling operators indirectly through banks, payment providers and regulators, while Algeria and Namibia are considered close to leaving the list.

Grey-list status can lead financial intermediaries to apply stricter checks and slower payment processing to gambling-related activity.

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Regulation

FATF warns illegal gambling rivals regulated markets in multiple countries

The Financial Action Task Force warned governments, regulators and gambling operators that illegal and unregulated gambling can rival or exceed regulated markets in volume in multiple countries. The organisation said its report, based on a year-long study involving more than 80 jurisdictions, sets out quantitative and qualitative risk indicators and urges stronger enforcement and international cooperation.

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