In August, the Financial Crimes Enforcement Network (FinCEN) issued an Advisory announcing that the Financial Action Task Force (FATF) had updated its list of jurisdictions with strategic anti-money laundering and counter-terrorist financing (AML/CFT) deficiencies.   We recommend that all NFA IBs and FCMs review this Advisory to ensure AML programs include the most current information on FATF-identified jurisdictions with AML/CFT deficiencies, and revise their AML programs accordingly.

Click here to view a copy of the advisory.