Amendment: High-risk third countries with strategic deficiencies

This procedure updates the list of non-EU countries identified as having strategic deficiencies in their anti-money laundering and counter-terrorism financing frameworks. By identifying these high-risk jurisdictions, the EU can apply enhanced due diligence measures to prevent financial crimes and protect the integrity of the global financial system.

Financial institutions and businesses operating in these high-risk countries or dealing with their clients will face stricter monitoring and reporting requirements to mitigate the risk of money laundering.