The European Commission is due to adopt this Friday a list of 11 “high risk [non-EU] countries with strategic deficiencies in their anti-money laundering/countering terrorist financing”, establishing for the first time a common EU list of countries to which financial institutions will have to apply “enhanced customer due diligence measures when establishing business relationships or […]

HM Treasury has published an Advisory Notice on money laundering and terrorist financing controls in overseas jurisdictions. On 24 June 2016, the FATF published two statements identifying jurisdictions with deficiencies in their anti-money laundering and counter terrorist financing regimes. In response to the statements published, HM Treasury has advised firms to consider the following jurisdictions […]

The U.K. Financial Conduct Authority (FCA) fined the Bank of Beirut £2.1 million ($3.2 million) and stopped it from acquiring new customers from high-risk jurisdictions for four months. The Financial Conduct Authority of Britain said on Thursday 5th MARCH 2015 that it had fined the Bank of Beirut and temporarily banned it from signing up new clients […]

Selected sanctions list UK – HM Treasury’s consolidated list = http://bit.ly/1jFLBSj  EU sanctions list = http://eeas.europa.eu/cfsp/sanctions/consol-list_en.htm EU regimes sanctions list (PDF) = http://bit.ly/1hlqANU UN sanctions lists = http://www.un.org/sc/committees/list_compend.shtml US sanctions lists = http://1.usa.gov/R6fZwO  High risk jurisdictions lists FATF high risk and non-cooperative jurisdictions list = http://bit.ly/1iye4Hg Transparency International corruption perceptions index = http://bit.ly/1iye4Hg Transparency International corruption by territory page […]