💨 Abstract

Eight African countries—Algeria, Angola, Cameroon, Côte d’Ivoire, Democratic Republic of Congo (DRC), Kenya, Namibia, and South Sudan—are on the EU’s high-risk list for inadequate money laundering and terrorist financing controls. The EU list, updated based on FATF assessments, requires enhanced due diligence for transactions involving these countries.

Courtesy: Kris Van der Bijl