Several jurisdictions have shown their commitment to seriously addressing the identified deficiencies. Others have made less progress, such as the jurisdictions that the FATF listed in its Public Statement. These jurisdictions are showing serious deficiencies. The public statement of October refers to specifically. De Nederlandsche Bank (DNB) and the Ministry of Finance want to stress that more stringent measures are needed when maintaining business relations with residents of these jurisdictions, or carrying out transactions to or from these jurisdictions.
Iran has provisionally been taken off the list for countries which require stringent counter-measures. FATF has suspended counter-measures in order to monitor Iran’s progress. FATF urges to continue to apply enhanced customer due diligence.
The "Improving global AML/CFT compliance" document contains a list of jurisdictions that have serious deficiencies in their AML/CFT regimes but have committed themselves to addressing them. This list includes the following jurisdictions: Ethiopia, Iraq, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Vanuatu and Yemen. Bosnia and Herzegovina has demonstrated significant progress, which means that this countries have been taken off the list.
Financial institutions are expected to take account of specific circumstances when deciding on the necessary AML/CFT measures. They should refer to DNB's Q&A on FATF Warning lists for this purpose.
If necessary, the FATF will review its warning lists at its next plenary meeting in June 2018.