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 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/#Afghanistan
TRACE Assessments: https://www.traceinternational.org/Uploads/MatrixFiles/2019/Reports/Afghanistan%20-%20TRACE%20Matrix%202019.pdf
Last Update: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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
Alderney
CRS Date:
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
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) 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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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: high
Risk Summary:
(1) Subject to FATF monitoring.
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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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: 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.
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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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) 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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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) 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/#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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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: high
Risk Summary:
(1) Subject to FATF monitoring.
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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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
Macedonia, the former Yugoslav Republic of
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) 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: 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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
Mauritius
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) Subject to FATF monitoring.
(2) 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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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: 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.
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: 2020-06-19 Reason: Publication of Handbook Appendix H and I
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