Jurisdictions under increased monitoring are actively collaborating with the FATF to address strategic deficiencies in their anti-money laundering, counter-terrorist financing, and anti-proliferation regimes. When the FATF places a jurisdiction under increased monitoring, it indicates that the country has committed to promptly resolving the identified deficiencies within agreed timeframes and will be closely monitored. This list is commonly referred to as the “grey list”.
The FATF, along with FATF-style regional bodies (FSRBs), continues to work with these jurisdictions as they report on their progress. The FATF urges these jurisdictions to complete their action plans swiftly and within the agreed timeframes. The FATF appreciates their commitment and will monitor their progress closely. The FATF does not recommend applying enhanced due diligence measures to these jurisdictions. Instead, the FATF Standards advocate for a risk-based approach, avoiding the de-risking or cutting-off of entire classes of customers. Thus, the FATF encourages its members and all jurisdictions to consider the information below in their risk assessments.
The FATF continuously identifies jurisdictions with strategic deficiencies in their anti-money laundering, counter-terrorist financing, and anti-proliferation regimes. Several jurisdictions have not yet been reviewed by the FATF or their FSRBs but will be in the future.
The FATF allows some flexibility for jurisdictions without immediate deadlines to voluntarily report progress. Since February 2024, the FATF reviewed the progress of Bulgaria, Burkina Faso, Cameroon, Croatia, the Democratic Republic of Congo, Haiti, Jamaica, Mali, Mozambique, Nigeria, the Philippines, Senegal, South Africa, South Sudan, Tanzania, Türkiye, and Vietnam. Updated statements for these countries are provided below. Kenya, Namibia, Syria, and Yemen deferred reporting, so previous statements for these jurisdictions are included, though they may not reflect the most recent status of their AML/CFT regimes. Additionally, the FATF now identifies Monaco and Venezuela.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}