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Date: 2025-11-03 Category: Not Applicable State: Union Government Country: India

Financial Action Task Force (FATF) High risk and other monitored jurisdictions - October 2025

Issued by International Financial Services Centres Authority · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Financial Action Task Force (FATF) released updated documents on October 24, 2025, regarding jurisdictions with strategic Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) deficiencies. These documents identify "High-Risk Jurisdictions subject to a Call for Action" and "Jurisdictions under Increased Monitoring." The FATF calls on its members and other jurisdictions to apply countermeasures and enhanced due diligence measures in accordance with UNSC Resolutions. **Key Points / Main Content** * **High-Risk Jurisdictions:** * Jurisdictions subject to a "Call for Action" require countermeasures, targeted financial sanctions, and enhanced due diligence. * This applies to Democratic People's Republic of Korea (DPRK), Iran, and Myanmar. * **Jurisdictions under Increased Monitoring:** * These jurisdictions have strategic deficiencies and have developed an action plan with the FATF. * The identified jurisdictions are: Algeria, Angola, Bolivia, Bulgaria, Cameroon, Côte d'Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Namibia, Nepal, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), Yemen. * **Jurisdictions Removed from Increased Monitoring:** * Burkina Faso, Mozambique, Nigeria, and South Africa have been removed from the list. * **Disclaimer:** * The FATF's advice does not preclude regulated entities licensed/recognized/registered or authorized by IFSCA from legitimate transactions with countries and jurisdictions listed. * **Further Information:** * Detailed information is available at the following URLs: * [https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-october-2025.html](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/increased-monitoring-october-2025.html) * [https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-october-2025.html](https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-october-2025.html) **Impact Analysis** **FATF Member Jurisdictions** * **Impact:** Required to apply countermeasures, targeted financial sanctions, and enhanced due diligence measures proportionate to the risks arising from jurisdictions subject to a "Call for Action." Must also monitor jurisdictions under increased monitoring. * **Action Required:** Implement necessary measures in accordance with UNSC Resolutions and FATF guidance. **Regulated Entities licensed/recognized/registered or authorized by IFSCA** * **Impact:** Need to be aware of the updated lists of jurisdictions and understand the implications for their operations. * **Action Required:** Conduct due diligence to ensure compliance with regulations, while recognizing that legitimate trade and business transactions with listed countries are not necessarily precluded. **Jurisdictions Listed** * **Impact**: Increased scrutiny of their financial systems and potential economic repercussions due to countermeasures and sanctions. * **Action Required**: Implement action plans to address strategic deficiencies in AML/CFT regimes and work towards removal from the lists.

Key Entities Referenced

Financial Action Task Force (FATF): An inter-governmental body that sets standards and promotes effective implementation of measures for combating money laundering, terrorist financing, and other related threats to the integrity of the international financial system. High-Risk jurisdictions subject to a Call for Action: Jurisdictions identified by FATF as having strategic deficiencies and subject to countermeasures. Jurisdictions under Increased Monitoring: Jurisdictions identified by FATF as having strategic deficiencies and that have developed an action plan with the FATF to deal with them.
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PRESS RELEASE Financial Action Task Force (FATF) High risk and other monitored jurisdictions – October 24, 2025 The Financial Action Task Force (FATF) Plenary releases documents titled “High-Risk jurisdictions subject to a Call for Action” and “Jurisdictions under Increased Monitoring” with respect to jurisdictions that have strategic Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) deficiencies. The FATF, vide public statement ‘High-Risk Jurisdictions subject to a Call for Action’ dated October 24, 2025, has called on its members and other jurisdictions to apply countermeasures, targeted financial sanctions in accordance with UNSC Resolutions and enhanced due diligence measures proportionate to the risks arising from the jurisdiction with respect to Democratic People's Republic of Korea (DPRK), Iran and Myanmar. Further, FATF had earlier identified the following jurisdictions as having strategic deficiencies which have developed an action plan with the FATF to deal with them. The “Jurisdictions under Increased Monitoring” are Algeria, Angola, Bolivia, Bulgaria, Cameroon, Côte d'Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Namibia, Nepal, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), Yemen. As per the public statement, Burkina Faso, Mozambique, Nigeria, South Africa has been removed from the list of Jurisdictions under Increased Monitoring based on the decision made at the October 24, 2025, FATF Plenary. Such advice does not preclude the regulated entities licensed/ recognized/ registered or authorized by IFSCA from legitimate trade and business transactions with the countries and jurisdictions mentioned here.Detailed information is available in the updated public statements and document released by FATF on October 24, 2025. The statements and document can be accessed at the following URL: 1. https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored- jurisdictions/increased-monitoring-october-2025.html 2. https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored- jurisdictions/Call-for-action-october-2025.html About FATF The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. The FATF monitors the progress of its members in implementing necessary measures, reviews money laundering and terrorist financing techniques and countermeasures and promotes the adoption and implementation of appropriate measures globally. The FATF's decision making body, the FATF Plenary, meets three times a year and updates these statements, which may be noted. Gandhinagar November 03, 2025 ********* Page 2 of 2

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