High Risk and Non-Cooperative Jurisdictions
The FIAU endorses such documents through a Guidance Note on High Risk and Non-Cooperative Jurisdictions published in June 2025 and as a result, subject persons are obliged to comply with the FATF public documents.
Updates to the FATF Jurisdictions list for June 2025
Category 1 - Jurisdictions that have strategic AML/CFT deficiencies and to which counter-measurs apply. |
Category 2 - Jurisdictions with 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. |
Category 3 - Jurisdictions with strategic AML/CFT deficiencies that have developed an action plan with the FATF and have made a high-level political commitment to address their AML/CFT deficiencies |
| Democratic People's Republic of Korea (DPRK) | Algeria | |
| Iran | Angola | |
| Myanmar | Bolivia * NEW * | |
| Bulgaria | ||
| Burkina Faso | ||
| Cameroon | ||
| Côte d'Ivoire | ||
| Democratic Republic of the Congo | ||
| Haiti | ||
| Kenya | ||
| Lebanon | ||
| Lao PDR | ||
| Monaco | ||
| Mozambique | ||
| Namibia | ||
| Nepal | ||
| Nigeria | ||
| South Africa | ||
| South Sudan | ||
| Syria | ||
| Venezuela | ||
| Vietnam | ||
| Virgin Islands * NEW * | ||
| Yemen |
Countries Removed from Increased Monitoring (Grey List)
Three countries successfully completed their action plans and were removed from FATF's increased monitoring:
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Croatia
- Demonstrated substantial progress in addressing strategic AML/CFT deficiencies
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Mali
- Successfully implemented required reforms to counter money laundering and terrorist financing
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United Republic of Tanzania
- Completed its action plan with significant improvements to its AML/CFT framework
Current Status of High-Risk Jurisdictions
The FATF continues to identify the following jurisdictions as high-risk, subject to countermeasures (the "black list"):
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North Korea
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Iran
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Myanmar
Implications for Financial Institutions
Enhanced Due Diligence Requirements
Financial institutions must apply enhanced due diligence measures when dealing with customers, transactions, or business relationships connected to jurisdictions under increased monitoring. This includes:
- Increased scrutiny of transactions
- Enhanced customer identification and verification procedures
- More rigorous ongoing monitoring of business relationships
- Additional documentation and reporting requirements
Compliance Considerations
Organisations should immediately update their AML/CFT compliance programs to reflect these changes by:
- Updating screening systems and sanctions lists
- Revising risk assessment frameworks
- Training staff on new jurisdictional risks
- Implementing appropriate transaction monitoring controls
Contact Us for Expert AML/CFT Guidance
Navigating the complexities of FATF jurisdictional changes and their compliance implications can be challenging. Our team of experienced AML/CFT specialists is here to help your organisation stay compliant and mitigate financial crime risks.
How We Can Help
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Compliance Program Updates
- Assistance with updating your AML/CFT policies and procedures to reflect FATF changes
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Risk Assessment Services
- Comprehensive evaluation of your jurisdictional risk exposure
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Training and Education
- Staff training on new compliance requirements and best practices
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Regulatory Guidance
- Expert interpretation of FATF requirements and their practical application
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Andre Azzopardi Andre carries out several tasks as part of the Financial Crime section of the team, such as undertaking the KYC process for prospective clients, assessing and performing ongoing due diligence measures, executing AML and CFT audits and provision of training relating to AML and CFT and other financial crime typologies.View Profile
