Emma RadmoreHM Treasury has updated its high risk third country advisory notice in line with the changes announced by FATF at its last plenary session. As a reminder, the FATF changes now apply as soon as announced by FATF, so have applied since February, but the Treasury notice now confirms all countries that are “high risk third countries” for MLR purposes. These are the following, many of which are also subject to financial sanctions measures:
- Algeria
- Angola
- Bulgaria
- Burkina Faso
- Cameroon
- Côte d’Ivoire
- Croatia
- Democratic People’s Republic of Korea
- Democratic Republic of the Congo
- Haiti
- Iran
- Kenya
- Lao PDR
- Lebanon
- Mali
- Monaco
- Mozambique
- Myanmar
- Namibia
- Nepal
- Nigeria
- South Africa
- South Sudan
- Syria
- Tanzania
- Venezuela
- Vietnam
- Yemen