High Risk and Non-Cooperative Jurisdictions

These jurisdictions are included when they fail to meet FATF standards or if there are concerns about their AML/CFT measures. Reasons for inclusion on the list include weak AML/CFT frameworks, insufficient customer due diligence, lack of cooperation, and presence of terrorist financing. Being on the grey list brings increased international scrutiny, impacts access to global financial systems, and affects a country's economy and reputation. To be removed from the list, countries must address the identified deficiencies and demonstrate progress in strengthening their AML/CFT frameworks.

The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year. The FIAU endorses such documents through a Guidance Note on High Risk and Non-Cooperative Jurisdictions published on 4 April 2012 and as a result, subject persons are obliged to comply with the FATF public documents.

Below please find the updated list published by the FATF on 23 June 2023:

 For further information kindly refer to the following sources:

• Jurisdiction under increased monitoring - High-Risk Jurisdictions subject to a Call for Action - June 2023 (fatf-gafi.org)

• High-risk jurisdictions - Jurisdictions under Increased Monitoring - 23 June 2023 (fatf-gafi.org)