Syria has been subject to increased monitoring by the Financial Action Task Force since February 2010, making it one of the longest-standing jurisdictions on the FATF’s list.

In June 2014, the FATF determined that Syria had substantially addressed its action plan at a technical level, including by criminalising terrorist financing and establishing procedures for freezing terrorist assets. However, due to the ongoing security situation, the FATF has been unable to conduct an on-site visit to confirm that these reforms have been implemented and are being sustained, and continues to monitor the situation closely.

Syria is now preparing for its next mutual evaluation, which will be conducted by the Middle East and North Africa Financial Action Task Force (MENAFATF), with the on-site visit currently scheduled for January 2028. Its last mutual evaluation dates back to 2006. In July 2026, a high-level MENAFATF delegation visited Damascus to support the country’s preparations for this process.

In July 2026, the EU Global Facility on AML/CFT conducted a joint scoping mission to Syria with SIGMA EU, which sought to assess the country’s needs for technical assistance and define a future course of action.

Technical assistance activities will start to be delivered by the project in 2027, covering a number of topics, to support Syria’s preparation for its upcoming mutual evaluation.