FATF High-Risk Jurisdictions June 2025 („Black List“)
Subject to Countermeasures by FATF Members (Recommendation 19)
These countries have significant strategic deficiencies in their AML/CFT/CPF regimes and are subject to a call for action and countermeasures.
1. Democratic People’s Republic of Korea (DPRK)
- Risks: Proliferation financing, money laundering, terrorist financing.
- FATF Position:
- Ongoing failure to address AML/CFT/CPF deficiencies.
- DPRK uses front companies, shell structures, and opaque ownership.
- Required Measures:
- Terminate correspondent banking with DPRK banks.
- Close DPRK bank branches/subsidiaries.
- Limit financial/business transactions with DPRK individuals/entities.
- Note: FATF reiterates the urgency of countermeasures due to rising PF risks.
2. Iran
- Risks: Terrorist financing, proliferation financing, AML deficiencies.
- Status: Action plan expired (Jan 2018); only partial progress made.
- Outstanding Gaps:
- Non-ratification of Palermo and Terrorist Financing Conventions.
- Gaps in CDD, asset freezing, ML/TF investigations, wire transfer controls.
- FATF Decision:
- Countermeasures re-applied (suspension lifted since Feb 2020).
- Jurisdictions urged to adopt enhanced audits, reporting, and supervision.
- Iran remains on the blacklist until full compliance is achieved.
Subject to EDD Proportionate to Risks, Not Yet Countermeasures
3. Myanmar
- Risks: Persistent AML/CFT weaknesses; weak law enforcement action.
- Status:
- Action Plan expired (Sep 2021).
- Little progress since Oct 2022 despite FATF warning.
- EDD Measures Required:
- Heightened monitoring of business relationships.
- Detection of unusual or suspicious transactions.
- Pending Action Items:
- Better FIU operational analysis and dissemination.
- More transnational ML investigations and prosecutions.
- Freezing/confiscation of proceeds from crime.
- Humanitarian Safeguard:
- FATF calls for non-disruption of humanitarian flows and NPO activities.
- Outlook:
- If no improvement by October 2025, countermeasures will be considered.
FATF Jurisdictions under Increased Monitoring June 2025 („Grey List“)
Definition: Countries that have committed to address AML/CFT/CPF deficiencies within agreed timeframes and are under FATF monitoring.
FATF Action: No countermeasures required, but enhanced monitoring by the FATF and regional bodies.
Full List of Countries (as of 13 June 2025)
Algeria, Angola, Bolivia, Bulgaria, Burkina Faso, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), Yemen
Newly Added (June 2025)
- Bolivia
- Virgin Islands (UK)
Jurisdictions No Longer Subject to Increased Monitoring (Removed from Grey List)
- Croatia
- Mali
- Tanzania
These countries have successfully completed their FATF Action Plans and implemented sustainable AML/CFT reforms.
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