FinCEN Updates List of AML/CFT Jurisdictions

The Financial Crimes Enforcement Network today released a revised list of the jurisdictions that are subject to countermeasures or enhanced due diligence due to anti-money laundering and counter-terrorist financing deficiencies (Section I), as well as jurisdictions with AML/CFT deficiencies that are working to correct them (Section II).

No changes were made to the Section I list, with Iran remaining on the list for enhanced due diligence and North Korea remaining in the category requiring countermeasures. Guyana was removed from the Section II list in recognition of its progress in remedying AML/CFT deficiencies.


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Monica C. Meinert

Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for editorial strategy at the American Bankers Association, where she oversees ABA Daily Newsbytes.