FATF List of high-risk and jurisdictions under increased monitoring (March 2022)
There is a more recent version of the FATF list.
We leave this blog post with the old list on the Blog for historical reference.
Jurisdiction no longer subject to increased monitoring
- Zimbabwe [NEW – Removed March 2022]
High-risk Jurisdictions
- Democratic People’s Republic of Korea *
- Iran *
(Note: not updated by FATF since February 2020 due to pandemic)
Jurisdictions with strategic deficiencies
- Albania
- Barbados *
- Burkina Faso *
- Cambodia *
- Cayman Islands *
- Haiti *
- Jamaica *
- Jordan *
- Mali *
- Malta
- Morocco *
- Myanmar *
- Nicaragua *
- Pakistan *
- Panama *
- Philippines *
- Senegal *
- South Sudan *
- Syria *
- Turkey
- Uganda *
- United Arab Emirates [NEW – Added March 2022]
- Yemen *
* On high-risk countries list of EU
See external
link below to FATF website for details by country.
Comment / observation
- Cayman Islands: Made high-level commitment but still needs imposing sanctions for parties not provide correct/timely info.
- Malta: in February 2022 Malta substantially completed action plan and FATF will conduct on-site visit at earliest possible date.
- Countries not on EU high-risk list: Albania, Malta (EU identifies third countries as high-risk only), Turkey and UAE (EU high-risk list from January 2022)
- Additional countries on EU high-risk list: Afghanistan, Trinidad and Tobago and Vanuatu
Actions
Monitor the jurisdictions with strategic deficiencies closely and classify these properly for AML/KYC based on risk appetite.
