It is hereby notified for general information that on 30th June 2020, the Financial Action Taskforce (FATF) issued a public statement indicating that the statement on jurisdictions under increased monitoring, adopted in February 2020 remains in effect for the remaining jurisdictions identified at that time.
Licensees of the International Financial Services Commission (the “Commission”) should take account of these notices when reviewing their obligations under the Money Laundering and Terrorism (Prevention) Act and in updating their AML/CFT policies and procedures. The attention of all licensees of the Commission is called to the FATF Public Statement – June 2020.
INTERNATIONAL FINANCIAL SERVICES COMMISSION
10th December 2020