Italy’s system for the prevention and combating of money laundering and terrorist financing has received a positive international assessment. This emerges from the new Mutual Evaluation Report the FATF (Financial Action Task Force), approved during the plenary session held in Mexico City in February 2026 and published on 23 April.
The Report provides an overall favourable assessment of Italy, acknowledging the robustness and effectiveness of the national system in preventing and combating money laundering, terrorist financing and the financing of the proliferation of weapons of mass destruction. Compared to the previous evaluation in 2016, the FATF notes a significant strengthening of the institutional and operational framework, as well as improved capabilities in detecting and countering illicit financial activities. In particular, among other aspects, the quality and comprehensiveness of risk analysis, the high level of coordination among competent authorities, the effectiveness of financial sector supervision combined with heightened private sector awareness and Italy’s contribution to international cooperation are positively assessed. The Report also recognises the presence of specific safeguards for the supervision of virtual asset service providers, confirming the Italian system’s attention to emerging risks.
Coordination activities with the FATF are carried out by the Directorate for the Prevention and Countering of the Use of the Financial System for Illicit Purposes of the Ministry of Economy and Finance – Treasury Department.