EU High-risk countries (January 2022)
On 7 January 2022, the European Commission classified the following jurisdictions are identified as having strategic deficiencies in their AML/CFT regimes and therefore considered high-risk:
- Afghanistan (23 September 2016)
- Barbados (1 October 2020) *
- Burkina Faso (13 March 2022) *
- Cambodia (1 October 2020) *
- Cayman Islands (13 March 2022) *
- Democratic People’s Republic of Korea (23 September 2016) *
- Haiti (13 March 2022) *
- Iran (23 September 2016) *
- Jamaica (1 October 2020) *
- Jordan (13 March 2022) *
- Mali (13 March 2022) *
- Morocco (13 March 2022) *
- Myanmar (1 October 2020) *
- Nicaragua (1 October 2020) *
- Pakistan (22 October 2018) *
- Panama (1 October 2020) *
- Philippines (13 March 2022) *
- Senegal (13 March 2022) *
- South Sudan (13 March 2022) *
- Syria (23 September 2016) *
- Trinidad and Tobago (6 March 2018)
- Uganda (23 September 2016) *
- Vanuatu (23 September 2016)
- Yemen (23 September 2016) *
- Zimbabwe (1 October 2020) **
* [UPDATED March 2022] On high-risk countries list FATF
** [UPDATED March 2022] Removed from high-risk countries list FATF
Comment / observation
Countries not on FATF high-risk list: Afghanistan, Trinidad and Tobago and Vanuatu.
Additional countries on FATF high-risk list: Albania, Malta (EU identifies third countries as high-risk only), Turkey and UAE (FATF added March 2022).
Actions
Monitor the jurisdictions with strategic deficiencies closely and classify these properly for AML/KYC based on risk appetite.
