Highlights of new FATF list of jurisdictions that are AML/CFT Compliance deficient: -
Iran and North Korea remain on list of jurisdictions subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/TF) risks emanating from the jurisdictions.
Nigeria and Sao Tome added to list of jurisdictions identified by FATF to have strategic AML/CFT deficiencies that have not made sufficient progress in addressing the deficiencies or have not committed to an action plan developed with the FATF to address the deficiencies. Those countries remaining on the list are Bolivia, Cuba, Ethiopia, Kenya, Myanmar, Sri Lanka, Syria and Turkey.
Ghana, Indonesia, Pakistan, Tanzania and Thailand placed on list of jurisdictions that FATF is not yet satisfied have made sufficient progress on their action plan agreed upon with the FATF.
Algeria and Kyrgyzstan added to jurisdictions identified by FATF which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
Ukraine removed from FATF list.
To view all changes and reports go to: -
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