AML/CFT country lists update

Published on: 12 July 2024

The Authority wishes to draw your attention to amendments to the AML/CFT country lists following the June 2024 FATF plenary. The country lists have been amended by the Cabinet Office and can be viewed on the DHA’s website.

In particular the Authority would like to highlight that jurisdictions:

That are now subject to increased monitoring by the FATF and, as such, have been added to the list B(i) include Monaco and Venezuela;
That have improved their AML/CFT/CPF regimes and met commitments in their action plans to address strategic deficiencies, therefore have been removed from the List B part (i) as of June 2024 include Jamaica and Turkey;
Where there has been a decrease in the risk of ML and/or TF and therefore removed from the List B part (ii) as of June 2024: San Tome and Principe;
Where there has been an increase in the risk of TF and therefore added to the List B part (ii) as of June 2024: Dijbouti;
Added to the List C as of June 2024 – Australia and Jamaica;
Added to the List D as of June 2024 – Jamaica;
Removed from List D as of June 2024 – Croatia.

Most regulated or supervised entities should already have carried out their own evaluation for any impact on their own risk assessments and customer procedures arising from this. Further details regarding List B and steps to be taken can be found in this previous news item issued by the Authority in December 2022.