Following a new regulation*, the list of countries subject to enhanced scrutiny for which the anti-money laundering and combating the financing of terrorism systems present deficiencies that pose a threat to the international financial system, Monaco has decided to adapt its list by means of Ministerial Order 2022-234 of 6 May 2022 amending the list of the previous Order 2021-775 of 7 December 2021.
* Following the delegated regulation 2022/229 amending regulation 2016/1675 supplementing the European Union Directive (2016/849), concerning the list of countries subject to enhanced supervision for which the anti-money laundering and combating the financing of terrorism systems present deficiencies that pose a threat to the international financial system.
The following countries have been removed from this list: Bahamas, Botswana, Ghana, Iraq and Mauritius.
The following country has also been added to the list: the United Arab Emirates.
The new list of countries is as follows:
- Afghanistan
- Albania
- Barbados
- Burkina Faso
- Cambodia
- United Arab Emirates
- Haiti
- Cayman Islands
- Jamaica
- Jordan
- Mali
- Malta
- Morocco
- Myanmar/Burma
- Nicaragua
- Pakistan
- Pakistan
- Panama
- Philippines
- Senegal
- South Sudan
- Syria
- Trinidad and Tobago
- Turkey
- Vanuatu
- Yemen
- Zimbabwe.
For more information, please contact office@rosemont-mc.com