Country Risk Profile (Guernsey Handbook)



Note: This represents the Appendix H and I in the GFSC Handbook, it also includes CRS information which does not affect the inherent risk rating. Whilst countries change very infrequently, the underlying risk drivers come and go. This is part of Amberisk's Risk Factors Module that plugs into the full accounting system. The module is fully customisable and can drive various risk outputs, can be called via api and used in other applications. This is demonstration data and Amberisk provides no guarantee as to its accuracy.

Afghanistan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) United States Dept. of the Treasury Terrorist Assets Report. (5) Sanctions applied under the United Kingdom HM Treasury. (6) TRACE Bribery Matrix as a country with a score of 55 or more. (7) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (8) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (9) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Afghanistan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Afghanistan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Add in Human trafficing (no overall change)

Åland Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Albania

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring.

FATF Assessments: http://www.fatf-gafi.org/countries/#Albania

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Albania%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Algeria

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Algeria

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Algeria-TRACEMatrix2019.pdf

Last Update: 2020-10-30 Reason: Add in Human trafficing (no overall change)

American Samoa

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Andorra

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Andorra

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Andorra%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Angola

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Angola

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Angola%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Anguilla

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Anguilla

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Antarctica

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Antigua and Barbuda

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Antigua and Barbuda Citizenship by Investment and Permanent Residents Certificate

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Antigua%20and%20Barbuda

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Antigua%20and%20Barbuda%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Argentina

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A.

FATF Assessments: http://www.fatf-gafi.org/countries/#Argentina

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Argentina%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Armenia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Armenia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Armenia-TRACEMatrix2019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Aruba

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Aruba%20Kingdom%20of%20the%20Netherlands

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Aruba%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Australia

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Australia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Australia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Austria

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Austria

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Austria%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Azerbaijan

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Azerbaijan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Azerbaijan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bahamas

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Bahamas Economic Permanent Residency

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Bahamas

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bahamas%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2021-01-12 Reason: Removal from FATF monitoring and reduce to medium

Bahrain

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Bahrain Residence by Investment

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Bahrain

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bahrain%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bangladesh

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Bangladesh

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bangladesh%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Barbados

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Special Entry and Residence Permit

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring.

FATF Assessments: http://www.fatf-gafi.org/countries/#Barbados

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Barbados%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Belarus

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Belarus

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Belarus%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Belgium

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Belgium

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Belgium%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Belize

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Belize

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Belize%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Benin

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Benin

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Benin%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bermuda

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Bermuda

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bermuda%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bhutan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Bhutan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bhutan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Remove Human trafficing and reduce to Medium

Bolivia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Bolivia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bolivia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bonaire, Sint Eustatius and Saba

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bosnia and Herzegovina

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Bosnia%20and%20Herzegovina

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bosnia%20and%20Herzegovina%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Botswana

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring.

FATF Assessments: http://www.fatf-gafi.org/countries/#Botswana

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Botswana%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bouvet Island

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Brazil

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Brazil

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Brazil%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

British Indian Ocean Territory

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Brunei Darussalam

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Global Forum on Transparency and Exchange of Information for Tax Purposes – country has not exchanged information because their legal implementation is ongoing. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Brunei%20Darussalam

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Brunei%20Darussalam%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Bulgaria

Is an equivalent jurisdiction

CRS Date: 2017, Bulgaria has temporarily suspended exchanges while it strengthens its confidentiality and data safeguarding frameworks.

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Bulgaria

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Bulgaria%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Burkina Faso

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption.

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Burkina%20Faso%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Burundi

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (6) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Burundi

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Burundi%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cambodia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Cambodia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Cambodia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cameroon

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (5) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Cameroon

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Cameroon%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Canada

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Canada

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Canada%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cape Verde

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Cabo%20Verde

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Cape%20Verde%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cayman Islands

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Cayman%20Islands

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Cayman%20Islands%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Central African Republic

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (6) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Central%20African%20Republic

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Central%20African%20Republic%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Chad

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of the Treasury Terrorist Assets Report. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Chad

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Chad%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Chile

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Chile

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Chile%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

China

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#China

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/China%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Christmas Island

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cocos (Keeling) Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Colombia

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) United States Dept. of the Treasury Terrorist Assets Report.

FATF Assessments: http://www.fatf-gafi.org/countries/#Colombia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Colombia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Comoros

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Comoros

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Comoros%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Congo

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (5) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Congo

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Republic%20of%20the%20Congo%20(Brazzaville)%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cook Islands

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Cook%20Islands

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Costa Rica

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A.

FATF Assessments: http://www.fatf-gafi.org/countries/#Costa%20Rica

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Costa%20Rica%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Côte d'Ivoire

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#C%C3%B4te%20d'Ivoire

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Ivory%20Coast%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Croatia

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Croatia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Croatia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cuba

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) United States Dept. of the Treasury Terrorist Assets Report. (4) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Cuba

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Cuba%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Add in State Sponsored terrorism

Curaçao

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Cura%C3%A7ao%20Kingdom%20of%20the%20Netherlands

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Cyprus

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Citizenship by Investment: Scheme for Naturalisation of Investors in Cyprus by Exception and Resindence by Investment

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Cyprus

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Cyprus%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Czech Republic

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Czech%20Republic

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Czech%20Republic%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Democratic Republic of the Congo

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Democratic%20Republic%20of%20the%20Congo

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Dem.%20Rep.%20of%20the%20Congo%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Remove Human Trafficing

Denmark

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Denmark

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Denmark%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Djibouti

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Djibouti

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Djibouti%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Dominica

CRS Date: Was 2018 not signed CTS

OECD - Resident/Citizenship by investment schemes: Citizenship by Investment

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Dominica

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Dominica%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Dominican Republic

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Dominican%20Republic

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Dominican%20Republic%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Ecuador

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Ecuador

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Ecuador%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Egypt

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of the Treasury Terrorist Assets Report. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (6) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Egypt

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Egypt-TRACEMatrix2019.pdf

Last Update: 2021-01-12 Reason: Update Only North Sinai (province of Egypt) carries the terrorism indicia

El Salvador

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#El%20Salvador

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/El%20Salvador%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Equatorial Guinea

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Equatorial%20Guinea

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Equatorial%20Guinea%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Eritrea

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Eritrea%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Estonia

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Estonia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Estonia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Ethiopia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Ethiopia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Ethiopia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Falkland Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Faroe Islands

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Fiji

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Fiji

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Fiji%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Finland

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Finland

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Finland%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

France

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#France

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/France%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

French Guiana

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

French Polynesia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

French Southern Territories

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Gabon

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Gabon

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Gabon%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Gambia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Gambia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Gambia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Georgia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Georgia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Georgia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Germany

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Germany

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Germany%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Ghana

CRS Date: 2019

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring.

FATF Assessments: http://www.fatf-gafi.org/countries/#Ghana

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Ghana%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Gibraltar

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Gibraltar

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Greece

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Greece

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Greece%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Greenland

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Grenada

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Grenada Citizenship by Investment

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Grenada

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Grenada%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guadeloupe

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guam

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guatemala

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Guatemala

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Guatemala%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guernsey

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: low

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Guernsey

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guinea

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Guinea

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Guinea%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guinea-Bissau

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Guinea%20Bissau

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Guinea-Bissau%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Guyana

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Guyana

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Guyana%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Haiti

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Haiti

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Haiti%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Heard Island and McDonald Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Holy See (Vatican City State)

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Holy%20See

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Honduras

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Honduras

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Honduras%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Hong Kong

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Hong%20Kong%20(China)

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Hong%20Kong%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Hungary

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Hungary

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Hungary%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Iceland

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Iceland

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Iceland%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Removal from FATF monitoring

India

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#India

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/India%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Indonesia

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Indonesia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Indonesia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Iran

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: prohibited

Risk Summary:

(1) *WARNING* Apply counter-measures to protect the international financial system from the ongoing money laundering, terrorist financing, and proliferation financing risks emanating from the country.

FATF Assessments: http://www.fatf-gafi.org/countries/#Iran

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Iran%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Iraq

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of the Treasury Terrorist Assets Report. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (6) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (7) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Iraq

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Iraq%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Ireland

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Ireland

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Ireland%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Isle of Man

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Isle%20of%20Man

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Israel

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Israel

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Israel%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Italy

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Italy

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Italy%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Jamaica

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring.

FATF Assessments: http://www.fatf-gafi.org/countries/#Jamaica

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Jamaica%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Japan

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Japan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Japan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Jersey

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Jersey

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Jordan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Jordan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Jordan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Kazakhstan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Kazakhstan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Kazakhstan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Kenya

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Kenya

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Kenya%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Kiribati

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Kiribati%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Kosovo

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption.

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Kosovo%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Kuwait

CRS Date: 2019, Kuwait was originally expected to commence exchanging information in 2018 but postponed its commitment to 2019. Kuwait has exchanged in 2019 information on 2017 and 2018 reporting years.

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Kuwait

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Kuwait%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Kyrgyzstan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Kyrgyzstan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Kyrgyz%20Republic%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Laos

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Lao%20People's%20Democratic%20Republic

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Laos%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Latvia

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Latvia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Latvia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Lebanon

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of the Treasury Terrorist Assets Report. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Lebanon

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Lebanon-TRACEMatrix2019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Lesotho

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Lesotho

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Lesotho%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Liberia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Liberia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Liberia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Libya

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) United States Dept. of the Treasury Terrorist Assets Report. (4) Sanctions applied under the United Kingdom HM Treasury. (5) TRACE Bribery Matrix as a country with a score of 55 or more. (6) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (7) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (8) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Libya

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Libya%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Liechtenstein

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Liechtenstein

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Liechtenstein%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Lithuania

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Lithuania

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Lithuania%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Luxembourg

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Luxembourg

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Luxembourg%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Macau

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Macao%20(China)

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Macau%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

North Macedonia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Republic%20of%20North%20Macedonia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Macedonia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Madagascar

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Madagascar

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Madagascar%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Malawi

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Malawi

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Malawi%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Malaysia

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Malaysia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Malaysia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Maldives

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Maldives

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Maldives%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Mali

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (6) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Mali

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Mali%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Malta

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Malta Individual Investor Programme, Malta Residence and Visa Programme

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Malta

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Malta%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Marshall Islands

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Marshall%20Islands

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Marshall%20Islands%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Martinique

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Mauritania

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Mauritania

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Mauritania%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Removal of human trafficing

Mauritius

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring.

FATF Assessments: http://www.fatf-gafi.org/countries/#Mauritius

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Mauritius%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Mayotte

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Mexico

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Mexico

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Mexico%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Micronesia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Micronesia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Moldova

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Moldova

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Moldova%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Monaco

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Monaco

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Monaco%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Mongolia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Mongolia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Mongolia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Removal of FATF monitoring

Montenegro

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Montenegro

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Montenegro%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Montserrat

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Montserrat

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Morocco

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Morocco

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Morocco-TRACEMatrix2019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Mozambique

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more. (2) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (3) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Mozambique

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Mozambique-TRACEMatrix2019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Myanmar

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) Sanctions applied under the United Kingdom HM Treasury. (5) TRACE Bribery Matrix as a country with a score of 55 or more. (6) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (7) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Myanmar

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Myanmar%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Namibia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Namibia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Namibia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Nauru

CRS Date: 2048

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Nauru

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Nepal

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Nepal

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Nepal%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Netherlands

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Netherlands%20Kingdom%20of

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Netherlands%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

New Caledonia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

New Zealand

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#New%20Zealand

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/New%20Zealand%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Nicaragua

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Nicaragua

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Nicaragua%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Niger

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Niger

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Niger%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Nigeria

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (6) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Nigeria

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Nigeria%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Niue

CRS Date: Was 2018 not yet implemented

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Niue

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Norfolk Island

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

North Korea

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: prohibited

Risk Summary:

(1) *WARNING* Apply counter-measures to protect the international financial system from the ongoing money laundering, terrorist financing, and proliferation financing risks emanating from the country.

FATF Assessments: http://www.fatf-gafi.org/countries/#Democratic%20People's%20Republic%20of%20Korea%20(DPRK)

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/North%20Korea%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Northern Mariana Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Norway

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Norway

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Norway%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Oman

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Oman

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Oman%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Pakistan

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (3) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (4) United States Dept. of the Treasury Terrorist Assets Report. (5) TRACE Bribery Matrix as a country with a score of 55 or more. (6) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (7) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Pakistan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Pakistan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Palau

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Palau

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Palau%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Panama

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A.

FATF Assessments: http://www.fatf-gafi.org/countries/#Panama

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Panama%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Papua New Guinea

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Papua%20New%20Guinea

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Papua%20New%20Guinea%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Paraguay

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Paraguay

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Paraguay%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Peru

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A.

FATF Assessments: http://www.fatf-gafi.org/countries/#Peru

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Peru%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Philippines

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) United States Dept. of the Treasury Terrorist Assets Report. (3) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Philippines

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Philippines%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Pitcairn Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Poland

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Poland

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Poland%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Portugal

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Portugal

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Portugal%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Puerto Rico

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Puerto%20Rico%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Qatar

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Residence Visa for Real Estate Owner

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Qatar

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Qatar%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Réunion

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Romania

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Romania

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Romania%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Russian Federation

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Russian%20Federation

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Russian%20Federation%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Rwanda

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Rwanda

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Rwanda%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Barthélémy

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Helena, Ascension and Tristan da Cunha

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Kitts and Nevis

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Citizenship by Investment

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Saint%20Kitts%20and%20Nevis

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/St.%20Kitts%20and%20Nevis%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Lucia

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Citizenship by Investment Saint Lucia

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Saint%20Lucia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/St.%20Lucia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Martin (French part)

CRS Date: Domestic Legal Framework not in place

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Pierre and Miquelon

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saint Vincent and the Grenadines

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Saint%20Vincent%20&%20the%20Grenadines

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/St.%20Vincent%20and%20the%20Grenadines%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Samoa

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Samoa

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Samoa%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

San Marino

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#San%20Marino

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/San%20Marino%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

São Tomé and Príncipe

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Sao%20Tom%C3%A9%20and%20Principe

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Sao%20Tome%20and%20Principe%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Saudi Arabia

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Saudi%20Arabia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Saudi%20Arabia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-10-30 Reason: Removal of Human Trafficing and reduce to Medium

Senegal

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Senegal

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Senegal%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Serbia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Serbia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Serbia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Seychelles

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Type 1 Investor Visa

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Seychelles

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Seychelles%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Sierra Leone

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Sierra%20Leone

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Sierra%20Leone%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Singapore

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Singapore

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Singapore%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Sint Maarten (Dutch part)

CRS Date: Domestic Legal Framework not in place

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Global Forum on Transparency and Exchange of Information for Tax Purposes – country has not exchanged information because their legal implementation is ongoing.

FATF Assessments: http://www.fatf-gafi.org/countries/#Sint%20Maarten%20Kingdom%20of%20the%20Netherlands

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Slovakia

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Slovak%20Republic

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Slovak%20Republic%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Slovenia

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Slovenia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Slovenia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Solomon Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Solomon%20Islands

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Solomon%20Islands%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Somalia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) United States Dept. of the Treasury Terrorist Assets Report. (4) Sanctions applied under the United Kingdom HM Treasury. (5) TRACE Bribery Matrix as a country with a score of 55 or more. (6) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (7) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (8) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Somalia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Somalia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

South Africa

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#South%20Africa

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/South%20Africa%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

South Georgia and the South Sandwich Islands

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

South Korea

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Korea

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/South%20Korea%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

South Sudan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (6) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (7) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Sudan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/South%20Sudan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Spain

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Spain

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Spain%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Sri Lanka

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Sri%20Lanka

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Sri%20Lanka%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

State of Palestine

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) United States Dept. of the Treasury Terrorist Assets Report.

FATF Assessments: http://www.fatf-gafi.org/countries/#Palestinian%20Authority

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Sudan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of the Treasury Terrorist Assets Report. (3) Sanctions applied under the United Kingdom HM Treasury. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (6) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Sudan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Sudan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Suriname

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Suriname

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Suriname%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Svalbard and Jan Mayen

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Swaziland

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Eswatini

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Eswatini%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Sweden

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Sweden

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Sweden%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Switzerland

Is an equivalent jurisdiction

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Switzerland

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Switzerland%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Syria

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) United States Dept. of the Treasury Terrorist Assets Report. (5) Sanctions applied under the United Kingdom HM Treasury. (6) TRACE Bribery Matrix as a country with a score of 55 or more. (7) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (8) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (9) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Syria

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Syria%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Taiwan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Taiwan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Tajikistan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Tajikistan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Tajikistan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Tanzania

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Tanzania

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/Tanzania-TRACEMatrix2019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Thailand

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Thailand

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Thailand%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Timor-Leste

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Timor%20Leste

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/East%20Timor%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Togo

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (4) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Togo

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Togo%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Tokelau

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Tonga

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Tonga

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Tonga%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Trinidad and Tobago

CRS Date: Domestic and International Legal Framework not in place

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Global Forum on Transparency and Exchange of Information for Tax Purposes – country has not exchanged information because their legal implementation is ongoing. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Trinidad%20and%20Tobago

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Trinidad%20and%20Tobago%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Tunisia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Sanctions applied under the United Kingdom HM Treasury.

FATF Assessments: http://www.fatf-gafi.org/countries/#Tunisia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Tunisia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Turkey

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Turkey

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Turkey%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Turkmenistan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Turkmenistan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Turkmenistan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Turks and Caicos Islands

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Permanent Residence Certificate via Undertaking and Investment in a Home, Permanent Residence Certificate via Investment in a Designated Public Sector Project, Permanent Residence Certificate via Investment in a Home or Business

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Turks%20and%20Caicos%20Islands

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Tuvalu

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Tuvalu%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Uganda

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) TRACE Bribery Matrix as a country with a score of 55 or more. (5) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (6) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Uganda

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Uganda%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Ukraine

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Ukraine

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Ukraine%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

United Arab Emirates

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: UAE Residence by Investment

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#United%20Arab%20Emirates

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/United%20Arab%20Emirates%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

United Kingdom

Is an equivalent jurisdiction

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#United%20Kingdom

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/United%20Kingdom%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

United States

Is an equivalent jurisdiction

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#United%20States

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/United%20States%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Uruguay

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Uruguay

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Uruguay%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

USA Minor Outlying Islands

CRS Date: US IGA

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Uzbekistan

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Transparency International Corruption Perceptions Index as a country with a score of 30 or less.

FATF Assessments: http://www.fatf-gafi.org/countries/#Uzbekistan

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Uzbekistan%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Vanuatu

CRS Date: 2018

OECD - Resident/Citizenship by investment schemes: Development Support Programme,Self-Funded Visa, Land-Owner Visa, Investor Visa

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Vanuatu

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Vanuatu%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Venezuela

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) United States Dept. of the Treasury Terrorist Assets Report. (5) Sanctions applied under the United Kingdom HM Treasury. (6) TRACE Bribery Matrix as a country with a score of 55 or more. (7) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (8) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Venezuela

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Venezuela%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Vietnam

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Identified as a country that countries where proceeds from drug trafficking significantly affects the U.S.A. (2) TRACE Bribery Matrix as a country with a score of 55 or more.

FATF Assessments: http://www.fatf-gafi.org/countries/#Vietnam

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Vietnam%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Virgin Islands (British)

CRS Date: 2017

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments: http://www.fatf-gafi.org/countries/#Virgin%20Islands%20(UK)

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Virgin Islands (USA)

CRS Date: US IGA

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Wallis and Futuna

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Western Sahara

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: medium

Risk Summary:

No external factors identified

FATF Assessments:

TRACE Assessments:

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Yemen

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Subject to FATF monitoring. (2) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (3) United States Dept. of State: Trafficking in Persons – Tier 3: countries that do not fully comply with minimum standards and are not making significant effort to do so and special cases. (4) United States Dept. of the Treasury Terrorist Assets Report. (5) Sanctions applied under the United Kingdom HM Treasury. (6) TRACE Bribery Matrix as a country with a score of 55 or more. (7) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (8) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine. (9) Global Terrorism Index where the impact of terrorism is rated as being very high or high.

FATF Assessments: http://www.fatf-gafi.org/countries/#Yemen

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Yemen%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Zambia

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) TRACE Bribery Matrix as a country with a score of 55 or more. (3) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Zambia

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Zambia%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I

Zimbabwe

CRS Date:

OECD - Resident/Citizenship by investment schemes: Not identified as risk by OECD

Inherent Financial Crime Risk: high

Risk Summary:

(1) Worldwide Governance Indicators Project as a country scoring an average of 40 per cent or less, across all areas assessed (i) voice and accountability, (ii) political stability (no violence), (iii) government effectiveness, (iv) regulatory quality, and (v) rule of law, and control of corruption. (2) Sanctions applied under the United Kingdom HM Treasury. (3) TRACE Bribery Matrix as a country with a score of 55 or more. (4) Transparency International Corruption Perceptions Index as a country with a score of 30 or less. (5) Fragile state by the United States think-tank Fund for Peace/ Foreign Policy magazine.

FATF Assessments: http://www.fatf-gafi.org/countries/#Zimbabwe

TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Zimbabwe%20-%20TRACE%20Matrix%202019.pdf

Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I