List of Jurisdictions under Increased Monitoring

25 July 2023 

 AML/CFT News and updates

The Financial Action Task Force (FATF), of which New Zealand is part of, updated its list of Jurisdictions under Increased Monitoring (known as the “grey list”) on 23 June 2023. The additional countries on the list are Cameroon, Croatia and Vietnam.

Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. 

The Democratic People’s Republic of Korea and Iran remain on the FATF list of High-Risk Jurisdictions subject to a Call for Action. Myanmar remains a country subject to a call to apply enhanced due diligence measures proportionate to the risks arising from the jurisdiction.