Update to countries and territories in AML/CFT/CPF Handbook appendices - March 2024

We have reviewed and updated Appendix D2 of the AML/CFT/CPF Handbook, which lists countries, territories and areas identified by reliable and independent sources as presenting a higher risk of money laundering, terrorism financing, proliferation financing, and sanctions. 

These sources include the Financial Action Task Force (FATF), the United Nations, the Organisation for Economic Co-operation and Development, the World Bank, the US Department of State, the UK Government, and others.

Important points to remember

• All relevant persons are expected to exercise judgement in how they interpret and use these sources, and must reach their own conclusions on risks
• The sources use different methodologies which are not necessarily comparable, for example, they may consider different risk factors and may comment on different jurisdictions
• The sources may be incomplete - we do not accept responsibility for their findings or conclusions

Next steps

• Businesses should review their policies and procedures, existing customer relationships and prospective clients accordingly.

You can view the updated appendices by visiting the AML/CFT/CPF Handbook page on our website. You can also subscribe to our news and updates e-mail alerts.