Real-time API monitoring of transactions, counterparties, and BOs against FATF high-risk countries and jurisdictions

"360 Screenings monitors countries on the FATF grey and black lists and notifies you via API if your transaction or BO require enhanced due diligence"

What is the FATF?

The Financial Action Task Force (FATF) is an intergovernmental organisation that continually identifies and monitors high-risk countries with strategic anti-money laundering (AML) deficiencies constituting a risk to the global financial system.

What is the difference between the FATF grey list and the FATF black list?

The so-called FATF high-risk countries subject to a call for action ("FATF black list") are countries with strategic AML deficiencies unable or unwilling to address them - until 2006 they were called Non-Cooperative Countries and Territories. By contrast, the FATF countries under increased monitoring are actually working with the FATF to address those AML vulnerabilities.

When does the FATF publish its grey list?

The FATF publishes changes in its list of high-risk countries three times a year following its plenary meeting. The FATF Plenary Meetings usually take place in February, June, and October each year.

What are the implications for a country to be included in a FATF list?

For the countries concerned, inclusion in a FATF list means increased control of their cross-border payment transactions, enhanced due diligence (EDD) by correspondent banks on incoming and outgoing payments and considerable delays in payment processing and settlement.

Which countries are included in the FATF grey list?

• Algeria
• Angola
• Bolivia (newly added)
• British Virgin Islands (newly added)
• Bulgaria
• Burkina Faso
• Cameroon
• Congo (the Democratic Republic of the)
• Côte d'Ivoire
• Haiti
• Kenya
• Lao (newly added)
• Lebanon
• Monaco
• Mozambique
• Namibia
• Nepal (newly added)
• Nigeria
• South Africa
• South Sudan
• Syria
• Venezuela
• Viet Nam
• Yemen

Which countries are included in the FATF black list?

• Iran
• Myanmar
• North Korea
  

FATF Grey List

FATF Black List