Jurisdictions under Increased Monitoring
26 February 2025
It is important that you remain up to date with jurisdictions named on the Financial Action Task Force (FATF) “black and grey” lists.
The “grey list” is those Jurisdictions under Increased Monitoring (FATF website) that are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
Following FATF’s February 2025 plenary, Lao People’s Democratic Republic (Lao PDR) and Nepal have been placed under subject to increased monitoring while the Philippines was removed from the grey list after significant progress in addressing its strategic AML/CFT deficiencies.
FATF also identifies High-Risk Jurisdictions subject to a Call for Action (FATF website), known as the “black list". Iran and the Democratic People’s Republic of Korea (DPRK) remain on this list. Myanmar remains a country subject to a call to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction.
More information about the February plenary can be found here: Outcomes FATF Plenary, 19-21 February 2025 (FATF website).
