On 14 November 2022, HM Treasury published an updated advisory notice on money laundering and terrorist financing controls in high-risk third countries. The updated advisory notice follows the Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) (No.3) Regulations 2022 which came into force on 7 November 2022 and substitutes the list of high-risk third countries specified in Schedule 3ZA of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 with a new list. This list mirrors both the Financial Action Task Force’s ‘Jurisdictions under increased monitoring’ and ‘High-risk jurisdictions subject to a call for action’ documents.