Country Risk Ratings Effective 8 November 2022
We have reviewed the country risk ratings based on our Country Risk Methodology.
- The FATF released the latest list of Jurisdictions under Increased Monitoring. The Democratic Republic of Congo (DRC), Mozambique, and Tanzania were added to the list, while Nicaragua and Pakistan are no longer subject to increased monitoring.
- The FATF also released the latest High-Risk Jurisdictions subject to a Call for Action. Myanmar was added to the list and the FATF calls on its members and other jurisdictions to apply enhanced due diligence measures.
We have reassessed and updated our country risk ratings to incorporate the above updates. Based on our methodology, we have changed the country risk rating for the following country:
Ratings for all other countries remain unchanged in this review based on our methodology and other criteria.
Country Risk Rating List
Download the full list of our country risk ratings by logging into AMLA Accelerate, opening the Related Links menu and selecting Country Risk Ratings.
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New country ratings are not retroactively applied to existing programs. Programs created before this update will display the country rating as of the date your program was created.
Country risk factors
We monitor 12 official international sources, including sanctions lists, to identify the various risk factors applied as part of the Country Risk assessment.
Country risk assessment methodology
To apply a risk rating to each country, we consider all of the following criteria and more:
- Targeted financial sanctions
- Any other sanctions
- Various global AML/CTF deficiency lists
- FATF membership
Frequency of updating the Country Risk
We time our periodic review of the country risk ratings with the release dates of the source information. The release dates for source information vary so we vary our timing to use the most up-to-date information. Updates occur at least 4 times per year.
Note: We also monitor for sanctions changes on a weekly basis so if a new sanction is imposed we update our ratings quickly.