Financial Action Task Force (FATF) High risk and other monitored jurisdictions – October 25, 2024

On "07/11/2024", the "Reserve Bank of India" issued an update regarding "Financial Action Task Force (FATF) High risk and other monitored jurisdictions – October 25, 2024". The FATF has called on its members to refer to the statement on Democratic People’s Republic of Korea and Iran adopted in February 2020, which remains in effect. Myanmar was added to the list of High- Risk Jurisdictions subject to a Call for Action in October 2022. Countries with strategic deficiencies have been identified as Bulgaria, Burkina Faso, Cameroon, Croatia, Democratic Republic of the Congo, Haiti, Kenya, Mali, Monaco, Mozambique, Namibia, Nigeria, Philippines, Senegal, South Africa, South Sudan, Syria, Tanzania, Vietnam, and Yemen. Algeria, Angola, Côte d’Ivoire, and Lebanon have been added to the list of Jurisdictions under Increased Monitoring, while Senegal has been removed.