FATF High-Risk Jurisdictions and Jurisdictions under Increased Monitoring
| FATF |
|---|
| Bulgaria |
| Burkina Faso |
| Cameroon |
| Croatia |
| Democratic People's Republic of Korea (DPRK) |
| Democratic Republic of the Congo |
| Haiti |
| Iran |
| Jamaica |
| Kenya |
| Mali |
| Mozambique |
| Myanmar |
| Namibia |
| Nigeria |
| Philippines |
| Senegal |
| South Africa |
| South Sudan |
| Syria |
| Tanzania |
| Türkiye |
| Vietnam |
| Yemen |
Jurisdictions No Longer Subject to Increased Monitoring by the FATF
The FATF Plenary, held from February 21-23, 2024, recognized the commendable strides made by Barbados, Gibraltar, Uganda, and the United Arab Emirates in rectifying the strategic deficiencies in their Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) frameworks that were previously highlighted in their mutual evaluations.
These jurisdictions had pledged to promptly implement an Action Plan to address these deficiencies within the agreed timelines. As a result of their progress, these countries will no longer be subjected to the FATF’s enhanced monitoring process.
This development follows successful on-site visits to each of these countries. Going forward, each country will collaborate with their respective FATF-Style Regional Body to further bolster their AML/CFT/Counter Financing of Proliferation (CPF) regimes.
Jurisdictions Newly subject to Increased Monitoring by the FATF
In February 2024, Kenya committed to work with the FATF and ESAAMLG to enhance its Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) regime. Since September 2022, Kenya has made progress by amending its AML/CFT legislation and establishing a case management system for international cooperation requests.
Sources:
- High-Risk Jurisdictions subject to a Call for Action – February 2024 https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-february-2024.html
- Jurisdictions under Increased Monitoring – 23 February 2024 https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/Increased-monitoring-february-2024.html