In order to continue to provide a constructive assessment of the state of the global anti-financial crime framework, the IIF and Deloitte have collaborated in a third-in-series white paper to offer insights on the state of financial crime risk management reform at the international, regional, and national levels. In this paper, we consider updated reflections and recommendations on how the public and private sectors can continue to collectively improve effective outcomes in combatting illicit financial flows whilst addressing evolving capabilities, risks, and priorities.