The Financial Action Task Force (FATF) has provided two updates relating to its task of identifying jurisdictions that threaten the international financial system due to strategic Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) deficiencies.
The FATF published the following documents:
A public statement on jurisdictions with strategic AML/CTF deficiencies, which calls on FATF members to consider the risks arising from the deficiencies associated with:
- Algeria,
- Ecuador and
- Myanmar; and
An update on the FATF’s work towards improving global AML/CFT compliance, which identifies jurisdictions that have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
Copies of the public statement
and the
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