FATF Public statement on jurisdictions on call for action and increased monitoring - October 2023 Plenary

• Notice No: 20231103-45
• Notice Date: 03 Nov 2023
• Category: Compliance
• Segment: General

The Exchange is in receipt of a communication from the SEBI which inter-alia states as under:

1. As part of the on-going efforts to identify and work with jurisdictions with strategic AML / CFT deficiencies, FATF has released Public Statements after October 2023 Plenary.

The link to these public statements on FATF’s website are as follows:

https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/Increased-monitoring-october-2023.html

https://www.fatf-gafi.org/content/fatf-gafi/en/publications/High-risk-and-other-monitored-jurisdictions/Call-for-action-october-2023.html

2. It is highlighted that following review, FATF now also identifies Bulgaria as new jurisdictions subject to increased monitoring.

Members are advised to take note of the above for necessary actions and compliances.

For and on behalf of BSE Ltd.

Jyoti Thukral                                                    Josephine Baretto

Sr. Manager                                                       Manager

Inspection                                                          Inspection