On 13 June 2025, the Financial Action Task Force (FATF) released its latest update on jurisdictions under increased monitoring—commonly known as the “grey list.” These jurisdictions have committed to addressing strategic deficiencies in their regimes to combat money laundering, terrorist financing, and proliferation financing, and are actively working with FATF to implement action plans within agreed timelines.
Newly Added to the Grey List
- Bolivia
- Virgin Islands (UK)
Countries Remaining Under Increased Monitoring (25 total)
Algeria, Angola, Bolivia, Bulgaria, Burkina Faso, Cameroon, Côte d’Ivoire, Democratic Republic of the Congo, Haiti, Kenya, Lao PDR, Lebanon, Monaco, Mozambique, Namibia, Nepal, Nigeria, South Africa, South Sudan, Syria, Venezuela, Vietnam, Virgin Islands (UK), Yemen
Countries Removed from the Grey List
- Croatia
- Mali
- Tanzania
FATF emphasizes that enhanced due diligence is not automatically required for these jurisdictions. Instead, FATF encourages the application of a risk-based approach, taking into account the progress made and the remaining strategic deficiencies. Countries are also reminded to avoid disrupting legitimate humanitarian aid, NPO activities, and remittance flows, in line with UN Security Council Resolution 2761 (2024), which provides humanitarian exemptions from asset freeze measures.
What This Means for AlgoCandy Users
If your business involves clients, transactions, or counterparties in any of the jurisdictions listed above, we strongly recommend reviewing and updating your AML/CFT risk assessments accordingly. AlgoCandy’s compliance tools allow you to:
- Monitor exposure to high-risk jurisdictions
- Adjust customer due diligence (CDD) measures based on FATF status
- Generate reports aligned with the latest FATF and regulatory expectations
Staying compliant means staying informed. For further guidance on how to integrate these updates into your compliance workflow, please contact the AlgoCandy compliance support team.
