HM Treasury (HMT) has published an advisory notice on money laundering and terrorist financing controls in overseas jurisdictions. The notice includes two statements published by the Financial Action Task Force (FATF) on 27 June 2014 identifying jurisdictions with strategic deficiencies in their anti-money laundering and counter financing regimes. The notice advises firms to consider Algeria, DPRK, Ecuador, Indonesia, Iran and Myanmar high risk for money laundering purposes, and advises firms to apply enhanced due diligence measures in accordance with the risks.

http://goo.gl/FYLtlr