Treasury updates guidance on ‘high –risk’ third countries

News Team, 08/04/2021

HM Treasury has issued new guidance about risks posed by jurisdictions with “unsatisfactory money laundering and terrorist financing controls”.

The guidance amends the definition of a high-risk third country to those identified in the global Financial Action Task Force's (FATF) latest list of jurisdictions considered high-risk or under increased monitoring.

These jurisdictions are: Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Ghana, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen and Zimbabwe.

The Money Laundering and Terrorist Financ...

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