Home India Reserve Bank of India Financial Action Task Force (FATF) High risk and other monit...
Date: 2025-11-04 Category: Not Applicable State: Union Government Country: India

Financial Action Task Force (FATF) High risk and other monitored jurisdictions – October 22-24, 2025

Issued by Reserve Bank of India · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** This press release from the Reserve Bank of India, dated November 04, 2025, details the Financial Action Task Force's (FATF) updated lists of high-risk and monitored jurisdictions, following its plenary session held October 22-24, 2025. It calls on members and jurisdictions to act in accordance with FATF's statements, specifically concerning jurisdictions with AML/CFT deficiencies. The detailed information is available in the updated public statements and document released by FATF on October 24, 2025. **Key Points / Main Content** * **High-Risk Jurisdictions (Call for Action):** * FATF has called on members and other jurisdictions to refer to the statement on Democratic People's Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. * Myanmar remains on the list of High-Risk Jurisdictions subject to a Call for Action since the October 2022 FATF plenary. Enhanced due diligence measures proportionate to the risk arising from Myanmar are to be applied. * Countries are advised to ensure that enhanced due diligence does not disrupt humanitarian assistance, legitimate NPO activity, or remittances. * The status of Myanmar in the list of countries subject to a call for action, remains unchanged. * **Jurisdictions under Increased Monitoring:** * Previously identified jurisdictions with strategic AML/CFT deficiencies were under Increased Monitoring and had developed action plans with FATF. * As of October 24, 2025, Burkina Faso, Mozambique, Nigeria, and South Africa have been removed from the list of jurisdictions under Increased Monitoring based on FATF review. * **General Advice:** * 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 AML/CFT deficiencies. * The advice provided does not preclude regulated entities from legitimate trade and business transactions with the listed countries and jurisdictions. * **Additional information:** * Detailed information on FATF's statements is available on the FATF website, as referenced in the press release. **Impact Analysis** **Regulated Entities:** * **Impact:** Must be aware of the updated lists of high-risk and monitored jurisdictions to ensure compliance with AML/CFT regulations. * **Action Required:** Apply enhanced due diligence measures proportionate to the risk arising from Myanmar. Need to consider updated lists when conducting business and trade with these jurisdictions. **FATF Member Jurisdictions:** * **Impact:** Required to implement FATF's recommendations and take appropriate action concerning high-risk and monitored jurisdictions. * **Action Required:** Refer to the FATF statements on Democratic People's Republic of Korea (DPRK) and Iran. Apply enhanced due diligence measures on Myanmar.

Key Entities Referenced

Jurisdictions under Increased Monitoring: A list of jurisdictions with strategic AML/CFT deficiencies that have developed an action plan with the FATF. Financial Action Task Force (FATF): An inter-governmental body combating money laundering and terrorist financing; its statements impact jurisdictions globally. High-Risk Jurisdictions subject to a Call for Action: A list published by FATF identifying jurisdictions with significant deficiencies in AML/CFT measures.
Official Source Record View Original Source →
See Full Document Text
प्रेस प्रकाशनी PRESS RELEASE भारतीय ररज़र्व ब ैंक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502 November 04, 2025 Financial Action Task Force (FATF) High risk and other monitored jurisdictions – October 22-24, 2025 The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ – 24 October 2025, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in the October 2022 FATF plenary and FATF has called on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risk arising from Myanmar. When applying enhanced due diligence measures, countries have been advised to ensure that flows of funds for humanitarian assistance, legitimate NPO activity and remittances are not disrupted. The status of Myanmar in the list of countries subject to a call for action, remains unchanged. FATF had earlier identified the following jurisdictions as having strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing and had placed the jurisdictions under Increased Monitoring, which had developed action plan with the FATF to deal with them. These jurisdictions were: Algeria, Angola, Bolivia, Bulgaria, Burkina Faso, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao People's Democratic Republic (Lao PDR), Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK) and Yemen. As per the October 24, 2025 FATF public statement Burkina Faso, Mozambique, Nigeria, South Africa have been removed from this list based on review by the FATF. 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 AML/CFT deficiencies as part of the ongoing efforts to identify and work with jurisdictions with strategic Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) deficiencies. This advice does not preclude the regulated entities from legitimate trade and business transactions with these countries and jurisdictions mentioned there. The 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/Fatfgeneral/outcomes-FATF-plenary- october-2025.html2 2. https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored- jurisdictions/increased-monitoring-october-2025.html 3. 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 counter-measures, 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. Ajit Prasad Press Release: 2025-2026/1443 Deputy General Manager (Communications)

Continue your research