07/12/2021 | Press release | Distributed by Public on 07/12/2021 23:14
This is an advisory notice regarding the risks posed by jurisdictions with unsatisfactory money laundering and terrorist financing controls.
The Money Laundering and Terrorist Financing (Amendment) (No.2) (High-Risk Countries) Regulations 2021 will come into force on the 13th July 2021 and will amend the list of High-Risk Third Countries specified in Schedule 3ZA.
This list replicates those countries listed by the Financial Action Task Force as high risk, or under increased monitoring.