European Union: European Commission updated list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism (AML/CFT) regimes

On 4 December 2025, the European Commission updated its list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. The amendment follows decisions by the Financial Action Task Force (FATF) and its “Jurisdictions under Increased Monitoring” list. EU entities covered by the AML framework are required to exercise greater caution in transactions involving the listed countries. The EU has added Bolivia and the British Virgin Islands and de-listed others (Burkina Faso, Mali, Mozambique, Nigeria, South Africa, and Tanzania). The action aligns with Article 9 of the fourth Anti-Money Laundering Directive, requiring regular updates to the high-risk third-country jurisdictions list.