Over 80% of jurisdictions are considered fully compliant or “largely compliant” with the standard. The following jurisdictions listed below have also been identified as those that may pose a higher risk of money laundering (“ml”) or terrorist financing (“tf”). Jurisdiction risk type jurisdiction risk type afghanistan ml & tf madagascar tf angola tf mali ml & tf algeria tf mozambique ml
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 fatf’s process to publicly list countries with weak aml/cft regimes has proved effective ( click here for more. As per last update on. According to the forum annual report, jurisdictions’ compliance with the standard is “generally high”.
However, When Looking At The Compliance
1) jurisdictions which are subject to a fatf call on its members and other jurisdictions to apply All listed countries below are defined as such; This is done three times a year (february, june and october).
Currently, The Countries We Class As High Risk Include Syria, Afghanistan, Libya, Iraq, Yemen, Nigeria, South Sudan, And Burundi As Well As Those Countries Or Areas Where Piracy Is An Issue Including The Malacca Straits, South China Sea, Gulf Of Aden, Gulf Of Guinea, Benin, Somalia, Indonesia, Arabian Sea And The Indian.