Amendment: High-risk third countries list (AML Directive 2015/849)
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 76mo ago
This procedure updates a list of countries considered to be at high risk of money laundering and terrorism financing. It aims to strengthen the EU's defences against illicit financial flows.
The amendment adds specific countries to the high-risk list and removes others. This impacts financial institutions' due diligence requirements when dealing with transactions involving these nations.