{"id":1493,"date":"2025-06-27T17:19:52","date_gmt":"2025-06-27T17:19:52","guid":{"rendered":"https:\/\/bdia.wpenginepowered.com\/?p=1493"},"modified":"2025-06-27T17:19:55","modified_gmt":"2025-06-27T17:19:55","slug":"financial-action-task-force-identifies-jurisdictions-with-aml-and-other-deficiencies","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2025\/06\/27\/financial-action-task-force-identifies-jurisdictions-with-aml-and-other-deficiencies\/","title":{"rendered":"Financial Action Task Force Identifies Jurisdictions with AML and other Deficiencies"},"content":{"rendered":"\n<p>At its June 2025 plenary meeting, the Financial Action Task Force (FATF) updated its global watchlists for jurisdictions with deficiencies in anti-money laundering, terrorist financing, and weapons proliferation controls. \u00a0The British Virgin Islands and Bolivia were added to the list of \u201cJurisdictions Under Increased Monitoring,\u201d while Croatia, Mali, and Tanzania were removed. Iran, North Korea, and Burma remain classified as \u201cHigh-Risk Jurisdictions Subject to a Call for Action,\u201d with Iran and North Korea facing countermeasures and Burma subject to enhanced due diligence. \u00a0FinCEN advises U.S. financial institutions to review these changes when assessing risk and to ensure compliance with U.S. AML regulations, especially regarding correspondent accounts with foreign financial institutions and obligations under U.S. sanctions and the Bank Secrecy Act. \u00a0Institutions must not engage in indiscriminate de-risking but are expected to apply risk-based controls and file Suspicious Activity Reports when warranted. \u00a0Read more\u00a0<a href=\"https:\/\/url.us.m.mimecastprotect.com\/s\/Kw39CBBXzmiD00o7F7HXh2bEM-?domain=d5m2xs04.na1.hubspotlinksstarter.com\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At its June 2025 plenary meeting, the Financial Action Task Force (FATF) updated its global watchlists for jurisdictions with deficiencies in anti-money laundering, terrorist financing, and weapons proliferation controls. \u00a0The British Virgin Islands and Bolivia were added to the list of \u201cJurisdictions Under Increased Monitoring,\u201d while Croatia, Mali, and Tanzania were removed. Iran, North Korea, &hellip; <a href=\"https:\/\/bdia.pli.edu\/index.php\/2025\/06\/27\/financial-action-task-force-identifies-jurisdictions-with-aml-and-other-deficiencies\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Financial Action Task Force Identifies Jurisdictions with AML and other Deficiencies<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,24,25,21,22],"tags":[],"class_list":["post-1493","post","type-post","status-publish","format-standard","hentry","category-compliance","category-enforcement","category-international","category-regulatory","category-standard-of-care"],"aioseo_notices":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=1493"}],"version-history":[{"count":0,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1493\/revisions"}],"wp:attachment":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=1493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=1493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=1493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}