With the AML Update Service
You can receive updates about the latest and relevant paragraphs for you to consider including in your AML Policy
AML Update Service extract for :
High-risk Third Countries (update)
Change Date : 20/10/2025 | Word Count: 148 | Deployment Measure : 7/10
Rationale:
Explains that the firm requires Enhanced Due Diligence (EDD) for any matter involving individuals or entities from FATF-designated high-risk third countries. Lawyers must monitor updates to FATF lists—released after plenary sessions each February, June, and October—and ensure compliance with the latest classifications.The firm will apply Enhanced Due Diligence (EDD) measures in any transaction or business relationship with a person established in a high-risk third country (MLR 2017 regulation 33(1)(b)). The list
…
to view full text