COUNTRIES, TERRITORIES OR JURISDICTIONS OF RISK
October 2022
JURISDICTION
ORIGIN
Afghanistan
High-risk country – Delegated Regulation (EU) 2016/1675
Sanctioned country – EU
Albania
Grey List – FATF June 2022
Anguilla
Tax haven – Royal Decree 1080/1991 Blacklist – EU
Antigua and Barbuda
Tax haven – Royal Decree 1080/1991
Bahamas
Blacklist – EU
Bahrain
Tax haven – Royal Decree 1080/1991
Barbados
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
Grey List – EU
Belize
Grey List – EU
Bermuda
Tax haven – Royal Decree 1080/1991
Grey List – EU
Belarus
Sanctioned country – EU
Bosnia Herzegovina
Sanctioned country – EU
Botswana
Grey List – EU
Brunei
Tax haven – Royal Decree 1080/1991
Burkina Faso
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
Burundi
Sanctioned country – EU
Cambodia
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
China
Sanctioned country – EU
Costa Rica
Grey List – EU
Central African Republic
Sanctioned country – EU
Democratic Republic of the Congo
Sanctioned country – EU
Grey List – FATF October 2022
Dominica
Tax haven – Royal Decree 1080/1991
Egypt
Countries obliged communication SEPBLAC – Order ECO/2652/2002
United Arab Emirates
Grey List – FATF June 2022
Fiji
Tax haven – Royal Decree 1080/1991
Blacklist – EU
Philippines
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1681
Gibraltar
Tax haven – Royal Decree 1080/1991
Grey List – FATF June 2022
Grenada (incl. Grenadine South)
Tax haven – Royal Decree 1080/1991
Guam
Blacklist – EU
Guatemala
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Guernsey (Channel Islands)
Tax haven – Royal Decree 1080/1991
Guinea (Guinea-Conakry)
Sanctioned country – EU
Guinea-Bissau
Sanctioned country – EU
Haiti
Sanctioned country – EU
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1677
Indonesia
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Iraq
Sanctioned country – EU
Iran
Blacklist – FATF June 2021
Sanctioned country – EU
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Cayman Islands
Tax haven – Royal Decree 1080/1991
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1676
Isle of Man
Tax haven – Royal Decree 1080/1991
Cook Islands
Tax haven – Royal Decree 1080/1991
Falkland Islands and Dependency
Tax haven – Royal Decree 1080/1991
Mariana Islands
Tax haven – Royal Decree 1080/1991
Solomon Islands
Tax haven – Royal Decree 1080/1991
Turks and Caicos Islands
Tax haven – Royal Decree 1080/1991
Grey List – EU
British Virgin Islands
Tax haven – Royal Decree 1080/1991
Grey List – EU
U.S. Virgin Islands
Tax haven – Royal Decree 1080/1991
Grey List – EU
Israel
Grey List – EU
Jamaica
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
Grey List – EU
Jersey (Channel Islands)
Tax haven – Royal Decree 1080/1991
Jordan
Tax haven – Royal Decree 1080/1991
Grey List – EU
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1678
Lebanon
Tax haven – Royal Decree 1080/1991
Sanctioned country – EU
Liberia
Tax haven – Royal Decree 1080/1991
Libya
Sanctioned country – EU
Liechtenstein
Tax haven – Royal Decree 1080/1991
Macau
Tax haven – Royal Decree 1080/1991
North Macedonia
Grey List – EU
Malaysia
Grey List – EU
Mali
Sanctioned country – EU
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1679
Morocco
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1680
Mauritius
Tax haven – Royal Decree 1080/1991
Moldova
Sanctioned country – EU
Monaco
Tax haven – Royal Decree 1080/1991
Monserrat
Tax haven – Royal Decree 1080/1991
Grey List – EU
Montenegro
Sanctioned country – EU
Mozambique
Grey List – FATF October 2022
Myanmar
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Grey List – FATF June 2022
Sanctioned country – EU
High-risk country – Delegated Regulation (EU) 2016/1675
Nauru
Tax haven – Royal Decree 1080/1991
Nicaragua
Sanctioned country – EU
High-risk country – Delegated Regulation (EU) 2016/1675
Nigeria
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Pakistan
High-risk country – Delegated Regulation (EU) 2016/1675
Panama
Grey List – FATF June 2022
Blacklist – EU
High-risk country – Delegated Regulation (EU) 2016/1675
Palau
Blacklist- EU
Qatar
Grey List – EU
Democratic People's Republic of Korea (North Korea)
Blacklist – FATF June 2021
Sanctioned country – EU
Russia
Sanctioned country – EU
Grey List – EU
Samoa
Blacklist – EU
American Samoa
Blacklist – EU
Saint Vincent and the Grenadines North
Tax haven – Royal Decree 1080/1991
Saint Lucia
Tax haven – Royal Decree 1080/1991
Senegal
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1682
Serbia
Sanctioned country – EU
Seychelles
Tax haven – Royal Decree 1080/1991
Syria
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
Sanctioned country – EU
Somalia
Sanctioned country – EU
Sudan
Sanctioned country – EU
High-risk country – Delegated Regulation (EU) 2016/1683
South Sudan
Sanctioned country – EU
Grey List – FATF June 2022
Thailand
Grey List – EU
Tanzania
Grey List – FATF October 2022
Trinidad and Tobago
Blacklist – EU
High-risk country – Delegated Regulation (EU) 2016/1675
Tunisia
Sanctioned country – EU
Grey List – EU
Turkey
Grey List – EU
Sanctioned country – EU
Grey List – FATF June 2022
Ukraine
Countries obliged communication SEPBLAC – Order ECO/2652/2002
Sanctioned country – EU
Uganda
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
Uruguay
Grey List – EU
Vanuatu
Blacklist – EU
High-risk country – Delegated Regulation (EU) 2016/1675
Tax haven – Royal Decree 1080/1991
Venezuela
Sanctioned country – EU
Viet Nam
Grey List – EU
Yemen
Grey List – FATF June 2022
High-risk country – Delegated Regulation (EU) 2016/1675
Sanctioned country – EU
Zimbabwe
Sanctioned country – EU
High-risk country – Delegated Regulation (EU) 2016/1675
