Last week, the ultimate FAFT Plenary meeting was held in Paris (France). A new Public Statement was produced identifying jurisdictions that may pose a risk to the international financial system. In order to facilitate the adaptation of the lists, we have included a comparative table including the latest Public Statement of the high-risk and non-cooperative jurisdictions (October 2015) and the one passed last week.

1. 2016 © AMBER LEGAL & BUSINESS ADVISORS S.L. 1 / 2
UPDATED FATF LIST JURISDICTIONS WITH
STRATEGIC AML/CFT DEFICIENCIES
FEBRUARY 2016
Last week, the ultimate FAFT Plenary meeting was held in Paris (France). A new Public
Statement was produced identifying jurisdictions that may pose a risk to the
international financial system, a detail of which is listed below.
In order to facilitate the adaptation of the lists, we have included a comparative table
including the latest Public Statement of the high-risk and non-cooperative jurisdictions
(October 2015) and the one passed last week.
PUBLIC STATEMENT. October 2015 PUBLIC STATEMENT. February 2016
RED LIST: Jurisdictions subject to a FATF call on its members and other jurisdictions to apply counter-
measures to protect the international financial system from the on-going and substantial money
laundering and terrorist financing (ML/FT) risks emanating from the jurisdictions:
- Democratic People's Republic of Korea (DPRK)
- Iran
- Democratic People's Republic of Korea (DPRK)
- Iran
BLACK LIST: Jurisdictions with strategic AML/CFT deficiencies that have not made sufficient progress
in addressing the deficiencies or have not committed to an action plan developed with the FAFT to
address the deficiencies. The FAFT calls on its members to consider the risks arising from the
deficiencies associated with each jurisdiction, as described below.
- Myanmar - Myanmar

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PUBLIC STATEMENT. October 2015 PUBLIC STATEMENT. February 2016
DARK GREY LIST: Jurisdictions not making sufficient progress to the action plan developed with the
FAFT to address their deficiencies and that, in case a significant progress is achieved, in the next Plenary
they could be identified as non-fulfill jurisdiction and be subject to additional measures to those in the
grey list (there is a risk to be included in the black list)
- Lao PDR - Lao PDR
GREY LIST: Jurisdictions no longer subject to the FATF’s on-going AML/CFT compliance process
(Improving Global AML/CFT Compliance: ongoing process) – jurisdictions with strategic deficiencies
subject to the implementation of Action Plans:
- Afghanistan
- Algeria (Burma)
- Angola
- Bosnia and Herzegovina
- Guyana
- Iraq
- Panamá
- Papua New Guinea
- Syria
- Uganda
- Yemen
- Afghanistan
- Algeria (Burma)
- Angola
- Bosnia and Herzegovina
- Guyana
- Iraq
- Laos (Lao PDR)
- Panamá
- Papua New Guinea
- Syria
- Uganda
- Vanuatu (Republic of)
- Yemen
GETTING OUT OF LISTS: Jurisdictions no longer subject to the FATF’s on-going AM/CFT compliance
process – after the evaluation of FATF auditors, their report indicates they have satisfactory fulfilled with
their respective Action Plans and are no longer subject to monitoring.
- Ecuador
- Sudan
- Algeria (Burma)
- Angola
- Panama
22 February 22, 2016
This document contains general information and may not be used as legal advice or professional
opinion. Amber Legal & Business Advisors makes available our team of attorneys to you, for any
clarification or advice, through our ordinary communication channels. You can also contact us
at info@amberbas.com.