FATF Updates Lists of Jurisdictions with AML/CFT/CPF Deficiencies

The Financial Action Task Force (FATF) updated its lists of jurisdictions with strategic anti-money laundering (AML), combating the financing of terrorism (CFT), and counter-proliferation finance (CPF) deficiencies. Bulgaria, Cote d'Ivoire, Democratic Republic of the Congo, and Monaco were removed from the list of Jurisdictions Under Increased Monitoring. Iran, the Democratic People's Republic of Korea (DPRK), and Burma remain on the High-Risk Jurisdictions Subject to a Call for Action list.