Regulatory Alerts2026-04-09
Added · Updated
Circular Letter No. CC/2026/00000013
The document requires financial institutions to maintain countermeasures against North Korea and Iran due to high risks of money laundering, terrorist financing, and weapons proliferation, and to apply enhanced identification and due diligence measures to transactions involving North Korea, Iran, and Myanmar. It also mandates risk-proportionate enhanced measures for jurisdictions under increased monitoring or classified as high-risk third countries under EU Delegated Regulation 2016/1675. Additionally, it notes the inclusion of Kuwait and Papua New Guinea in the monitoring list and the continued suspension of Russia's FATF membership status.