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Task force updates AML-deficiency jurisdiction list


The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

June 30, 2023 / By ICBA

The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

Details: The FATF:

  • Reiterated that all jurisdictions should be vigilant to risks from the circumvention of measures taken against the Russian Federation, which remains suspended from FATF membership.

  • Added Cameroon, Croatia, and Vietnam to its list of jurisdictions under increased monitoring for strategic AML/CFT/CPF deficiencies.

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