On 19 November 2024, HM Treasury (HMT) published an updated version of its guidance, Money Laundering Advisory Notice: High Risk Third Countries.

The guidance contains advice issued by HMT about risks posed by jurisdictions with unsatisfactory money laundering and terrorist financing controls.

In the November update, the guidance has been amended to reflect changes to the countries in scope of High Risk Third Countries, as defined in the Money Laundering Regulations, following updates to the lists of the Financial Action Task Force at its plenary meeting in October 2024.