HM Treasury publish updated list of high risk third jurisdictions
25 March 2022
HM Treasury have published an advisory notice (opens in a new tab) regarding the risks posed by jurisdictions with unsatisfactory money laundering and terrorist financing controls. It sets out which jurisdictions will be included in the forthcoming amendment to Schedule 3ZA of the Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021 (opens in a new tab).
This list replicates those countries listed by the Financial Action Task Force as high risk or under increased monitoring.