Country Statements
The PMLFTR defines non-reputable jurisdictions as any jurisdiction having deficiencies in its national AML/CFT regime or having inappropriate and ineffective measures for the prevention of ML/FT. The FATF and European Commission publish lists of non-reputable jurisdictions, which subject persons should refer to when assessing jurisdictional risk.
The FATF issues two public documents that provide a list of jurisdictions considered to pose a higher risk of money laundering and the funding of terrorism in view of a number of identified deficiencies within their AML/ CFT regime. The risks posed by the jurisdictions listed in these two documents vary depending on the seriousness of the deficiencies and the level of commitment made by each jurisdiction to address those deficiencies.
The FATF documents are issued three times a year, in February, June and October, and as a result the list changes depending on the level of progress achieved by each jurisdiction in addressing the deficiencies identified in their respect.
The European Commission is empowered, through Article 9 of the 4AMLD, to adopt delegated acts listing high-risk third countries with strategic deficiencies in their AML/CFT regimes. These countries are considered by the European Commission to pose a significant threat to the EU’s financial system, and these lists are intended to protect the proper functioning of the internal market. The jurisdictions may be found in the annexes of the delegated acts, which are issued from time to time.
High Risk Jurisdictions Subject to a Call for Action (FATF Statements)
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The FATF Public Statements classify jurisdictions in the following two categories:
1. Jurisdictions subject to a FATF call on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and funding of terrorism risks emanating from the jurisdictions.
2. Jurisdictions with strategic AML/ CFT deficiencies that have not made sufficient progress in addressing the deficiencies or have not committed to an action plan developed with the FATF to address the deficiencies and are subject to a FATF call on its members to consider the risks arising from the deficiencies associated with each jurisdiction.
Click on the following PDF links to download copies of the FATF Statements:
2023
23rd June 2023
24th February 2023
2022
21st October 2022
17th June 2022
4th March 2022
2021
21st October 2021
25th June 2021
25th February 2021
2020
23rd October 2020
30th June 2020
21st February 2020
2019
18th October 2019
21st June 2019
22nd February 2019
2018
19th October 2018
29th June 2018
23rd February 2018
2017
3rd November 2017
23rd June 2017
24th February 2017
2016
21st October 2016
24th June 2016
19th February 2016
2015
23rd October 2015
26th June 2015
27th February 2015
2014
24th October 2014
27th June 2014
14th February 2014
2013
18th October 2013
21st June 2013
22nd February 2013
2012
19th October 2012
22nd June 2012
16th February 2012
2011
28th October 2011
24th June 2011
25th February 2011
2010
22nd October 2010
25th June 2010
18th February 2010
2009
16th October 2009
26th June 2009
25th February 2009
2008
16th October 2008
28th February 2008
2007
Jurisdictions Under Increased Monitoring (FATF On-Going Process)
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The FATF document entitled “Improving Global AML/ CFT Compliance: On-Going Process” lists the jurisdictions that have been identified by the FATF as having strategic AML/ CFT deficiencies but that have provided a high-level political commitment to address the deficiencies through the implementation of an action plan developed in conjunction with the FATF. Given the diverse situations in each of the listed jurisdictions, each presents different degrees of ML/ FT risks.
Click on the following PDF links to download copies of the documents relating to the FATF On-Going Process:
2023
23rd June 2023
24th February 2023
2022
21st October 2022
17th June 2022
4th March 2022
2021
21st October 2021
25th June 2021
25th February 2021
2020
23rd October 2020
30th June 2020
21st February 2020
2019
18th October 2019
21st June 2019
22nd February 2019
2018
19th October 2018
29th June 2018
23rd February 2018
2017
3rd November 2017
23rd June 2017
24th February 2017
2016
21st October 2016
24th June 2016
19th February 2016
2015
23rd October 2015
26th June 2015
27th February 2015
2014
24th October 2014
27th June 2014
14th February 2014
2013
18th October 2013
21st June 2013
22nd February 2013
2012
19th October 2012
22nd June 2012
16th February 2012
2011
28th October 2011
24th June 2011
2010
Mutual Evaluation Reports
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Click on the following PDF links to download copies of the documents relating to the MONEYVAL Statments:
18th September 2015
MONEYVAL - Lifting of Public Statement on Bosnia and Herzegovina.
14th April 2015
MONEYVAL Public Statement - Bosnia and Herzegovina.
12th December 2014
MONEYVAL Public Statement - Bosnia and Herzegovina
19th September 2014
MONEYVAL Public Statement - Bosnia and Herzegovina
1st June 2014
MONEYVAL Public Statement - Bosnia and Herzegovina
EU Commission Delegated Acts on High Risk Third Countries
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