➡️ The changes account for the work of the Financial Action Task Force and its list of jurisdictions under increased monitoring.
➡️ 10 jurisdictions were added to the list, and 8 were removed.
➡️ The commission is mandated to update the list regularly by Article 9 of the 4th Anti-money Laundering Directive.
✅ Firms operating in the EU should review their customer risk assessment #CRA systems and processes to ensure they incorporate the updated lists.
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