Paris, Aug. 21 -- Barbados, Namibia and Thailand have joined the Financial Action Task Force (FATF) Guest Initiative, with the three countries set to participate in the FATF Plenary and Working Group Meetings for a one-year Plenary cycle beginning with the October 2026 Plenary.

The FATF is an international body that sets global standards for combating money laundering, terrorist financing and proliferation financing, with its work supported by a Global Network of more than 200 jurisdictions.

The FATF, in a statement on Friday, said that the three countries, which are members of FATF-Style Regional Bodies (FSRBs), will participate under their own flags as part of the initiative, which aims to strengthen cohesion across the FATF Global Ne...