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Treasury updates AML advisory

Scales of Justice ( Lady of Justice) of the Central Criminal Court fondly known as The Old Bailey in the city of London, England, UK

Treasury has updated its advisory notice on high right third countries for AML purposes. The notices follow the FATF updates, and the list replicates the FATF list.  Post-Brexit, Treasury now included the list in legislation, and the Money Laundering and Terrorist Financing (Amendment) No 2))High Risk Countries) Regulations 2021 take effect from 13 July to amend the Schedule in the previous version. Treasury has also updated its advisory notice on ML/TF controls in overseas jurisdictions.

 

 

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