Monaco: AML Update

17/07/2023

Monaco has updated the list of States or territories whose anti-money laundering, countering the financing of terrorism or anti-corruption measures are strategically deficient.


Cameroon, Croatia and Vietnam have been added to the watch list.

Nicaragua, Pakistan and Zimbabwe have been removed from the list.

 

These changes follow, but do not completely follow, the update of the list of jurisdictions under heightened surveillance by the Financial Action Task Force in June 2023.

 

As a reminder, the jurisdictions on the list are subject to enhanced scrutiny:

- Nicaragua

- Pakistan

- Zimbabwe

- Afghanistan

- Albania

- Albania

- Barbados

- Burkina Faso

- Cambodia

- Cameroon

- Croatia

- United Arab Emirates

- Gibraltar

- Haiti

- Cayman Islands

- Jamaica

- Jordan

- Mali

- Morocco

- Mozambique

- Myanmar/Burma

- Nigeria

- Uganda

- Panama

- Philippines

- Senegal

- South Sudan

- Syria

- Tanzania

- Trinidad and Tobago

- Turkey

- Vanuatu

- Vietnam

- Yemen .

 

For more information, please contact office@rosemont-mc.com