Updates to the AML/CFT/CPF Handbook

The Commission has today issued amendments to the country list in Appendix I of the Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”) reflecting the Financial Action Task Force’s updated list of jurisdictions under increased monitoring, which removed Gibraltar and the United Arab Emirates, therefore these countries have been removed from Appendix I.

Some of the other sources used in the compilation of Appendix I have updated their assessments which have also led to changes for Belarus, Burundi, Bolivia, Lao PDR, Egypt and Togo.

Chapter 7 of the Handbook has been updated to reflect changes made to the Beneficial Ownership (Definition) Regulations, 2017 which amended the list of recognised stock exchanges within paragraph 7.59.

As a result of minor technical changes made to Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law 1999, paragraph 4.51 of the Handbook has also been updated, together with Appendix G.

The clean and tracked version of the Handbook (including Appendix I) can be accessed via the Handbook page, with Appendix I available on the Notices, Instructions & Warnings page.

The FATF page on High-Risk and Other Monitored Jurisdictions can be found here.