2.5. High-Risk Jurisdictions

Stance on high-risk jurisdictions.

For the benefit of this document, the countries in the following lists are considered to be high-risk jurisdictions.

• FATF “Black and Gray” lists. As available, for instance, on https://www.fatf-gafi.org/en/countries/black-and-grey-lists.html

• European Commission’s list of High-risk Third Countries. As available, for instance, on https://finance.ec.europa.eu/financial-crime/anti-money-laundering-and-countering-financing-terrorism-international-level_en#strategic-deficiencies

• Any jurisdiction comprehensively subject to Office of Foreign Assets Control (OFAC) sanctions.

• Any jurisdiction comprehensively subject to European Union (EU) sanctions.