FATF has updated lists with jurisdictions under Increased Monitoring

Jurisdictions under Increased Monitoring actively work and cooperate with the Financial Action Task Force (FATF) to address strategic gaps in their regimes to combat money laundering, terrorist financing, and proliferation financing.

FATF has updated lists with jurisdictions under Increased Monitoring and High-Risk Jurisdictions. All countries that are identified as High-Risk Jurisdictions have been identified significant strategic weaknesses in combating money laundering, terrorist financing, and proliferation financing. Accordingly, countries must perform enhanced due diligence and countermeasures to protect the international financial system from financial crime risks. 

Currently, the FATF has decided that the enhanced monitoring jurisdictions are Bulgaria, Burkina Faso, Cameroon, Democratic Republic of Congo, Croatia, Haiti, Kenya, Lebanon, Mali, Monaco, Mozambique, Namibia, Nigeria, Philippines, South Africa, South Sudan, Sierra and Yemen.

On October 25, Algeria, Angola, Côte d’Ivoire and Lebanon were added, while Senegal was removed from this list.

The FATF has identified the Democratic People's Republic of Korea, Iran and Myanmar as high-risk jurisdictions.

You can find a more detailed description of High-Risk Jurisdictions here:https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-october-2024.html 

Get to know the list of Jurisdictions under Increased Monitoring in more detail here:https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-october-2024.html