• High-risk jurisdictions have significant strategic deficiencies in their regimes to counter money laundering, terrorist financing, and financing of proliferation. For all jurisdictions identified as high-risk, the FATF calls on all members and urges all jurisdictions to apply enhanced due diligence, and, in the most serious cases, jurisdictions are called upon to apply counter-measures to protect the international financial system from the money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks emanating from the jurisdiction. This list is often externally referred to as the “black list”.
     
    Jurisdictions subject to a FATF call on its members and other jurisdictions to apply countermeasures

    • Democratic People's Republic of Korea (DPRK)
    • Iran
     
    Since February 2020, in light of the COVID-19 pandemic, the FATF has paused the review process for Iran and DPRK, given that they are already subject to the FATF’s call for countermeasures.  Iran reported in January 2024 with no material changes in the status of its action plan.

    Given heightened proliferation financing risks, the FATF reiterates its call to apply countermeasures on these high-risk jurisdictions.
     
    For details related to the ML/TF/PF risks posed by Iran and DPRK, please refer to the below link:
     
    https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-february-2024.html
     
    Jurisdiction subject to a FATF call on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction
    • Myanmar

     
    The FATF urges Myanmar to work to fully address its AML/CFT deficiencies, including to demonstrate that its monitoring and supervision of money or value transfer services (MVTS) is based on documented and sound understanding of ML/TF risks to mitigate undue scrutiny of legitimate financial flows.
     
    Myanmar will remain on the list of jurisdictions subject to a call for action until its full action plan is completed.
     
    For details related to the ML/TF risks posed by Myanmar, please refer to the below link:
     https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-february-2024.html

  • Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. When the FATF places a jurisdiction under increased monitoring, it means the jurisdiction has committed to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring. This list is often externally referred to as the ‘grey list’.
     
    The FATF and FATF-style regional bodies (FSRBs) continue to work with the jurisdictions below as they report on the progress achieved in addressing their strategic deficiencies. The FATF calls on these jurisdictions to complete their action plans expeditiously and within the agreed timeframes. The FATF welcomes their commitment and will closely monitor their progress. The FATF does not call for the application of enhanced due diligence measures to be applied to these jurisdictions. The FATF Standards do not envisage de-risking, or cutting-off entire classes of customers, but call for the application of a risk-based approach. Therefore, the FATF encourages its members and all jurisdictions to take into account the information presented below in their risk analysis.
     
    The FATF provides some flexibility to jurisdictions not facing immediate deadlines to report progress on a voluntary basis. The following jurisdictions had their progress reviewed by the FATF since October 2023: Barbados, Bulgaria, Burkina Faso, Croatia, Democratic Republic of Congo, Gibraltar, Jamaica, Mali, Mozambique, Nigeria, Philippines, Senegal, South Africa, South Sudan, Tanzania, Türkiye, UAE, and Uganda. For these jurisdictions, updated statements are provided below. Cameroon, Haiti, Syria, Vietnam and Yemen chose to defer reporting; thus, the statements issued previously for those jurisdictions are included below, but it may not necessarily reflect the most recent status of the jurisdictions’ AML/CFT regime.
     
    Following review, the FATF now also identifies Kenya and Namibia.

    https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Increased-monitoring-february-2024.html
     

    Jurisdictions with strategic deficiencies Jurisdictions no longer subject to increased monitoring
    Bulgaria
    Burkina Faso
    Cameroon
    Democratic Republic of the Congo
    Croatia
    Haiti
    Jamaica
    Kenya
    Mali
    Mozambique
    Namibia
    Nigeria
    Philippines
    Senegal
    South Africa
    South Sudan
    Syria
    Tanzania
    Türkiye
    Vietnam
    Yemen
    Barbados
    Gibraltar
    Uganda
    United Arab Emirates