The Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2023

• Citation: S.I. 2023/704
• Sections: 2

Section 1 Citation, commencement and extent

(1) These Regulations may be cited as the Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2023.

(2) These Regulations come into force on 27th June 2023.

(3) These Regulations extend to England and Wales, Scotland and Northern Ireland.

Section 2 Amendment of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

(1) The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 are amended as follows.

(2) For Schedule 3ZA (high-risk third countries) substitute—

High-Risk Third Countries

(1) Albania

(2) Barbados

(3) Burkina Faso

(4) Cayman Islands

(5) Democratic People’s Republic of Korea

(6) Democratic Republic of the Congo

(7) Gibraltar

(8) Haiti

(9) Iran

(10) Jamaica

(11) Jordan

(12) Mali

(13) Mozambique

(14) Myanmar

(15) Panama

(16) Philippines

(17) Senegal

(18) South Sudan

(19) Syria

(20) Tanzania

(21) Turkey

(22) Uganda

(23) United Arab Emirates

(24) Yemen