Due to the impacts of the coronavirus pandemic, the work of the Financial Action Task Force (FATF) has been significantly disrupted this year, including its work determining ‘jurisdictions under increased monitoring’.

These jurisdictions – often referred to externally as countries on the FATF grey list – also run the risk, if they fail to implement sufficient anti-money laundering and counter terrorist financing (AML/CFT) measures, of inclusion on the global AML/CFT watchdog’s blacklist of ‘high risk jurisdictions’. 

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