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No. 1221/2025
25 November 2025

REGULATION

on the (8.) amendment to the regulation on high-risk third countries for the purposes of anti-money laundering and counter-terrorist financing measures No. 105/2020.

Art. 1.

The following amendments shall be made to Art. 1 of the regulation:

• 9. item shall be changed as follows: In place of the words: "Commission Delegated Regulation (EU) 2023/1219 is published as Annex II to this regulation." shall be inserted: The regulation is published in the EEA Supplement to the Official Journal of the European Union No. 68 of 21 September 2023, pp. 386-389.

• A new item, item 12, shall be added, reading as follows: Commission Delegated Regulation (EU) 2025/1184 of 10 June 2025 amending Delegated Regulation (EU) 2016/1675 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council, to add Algeria, Angola, Côte d’Ivoire (Ivory Coast), Kenya, Laos, Lebanon, Monaco, Namibia, Nepal and Venezuela and to remove Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, Uganda and the United Arab Emirates from the table in point I of the Annex, as referred to in Annex IX to the Agreement on the European Economic Area, as amended by Decision No. 252/2018 of the Joint EEA Committee of 5 December 2018. The regulation is published in the EEA Supplement to the Official Journal of the European Union No. 63, 9 October 2025, pp. 303-309. Commission Delegated Regulation (EU) 2025/1393 of 8 July 2025 amending Delegated Regulation (EU) 2025/1184 in order to introduce a review provision for the assessment of third countries that have not been identified as countries subject to requirements for action or enhanced monitoring by the Financial Action Task Force (FATF) but whose membership of the international standard-setting body is temporarily suspended, in order to assess whether the Annex to Delegated Regulation (EU) 2016/1675 needs to be amended accordingly. Commission Delegated Regulation (EU) 2025/1393 is published as Annex II to this regulation.

Art. 2.

The list of high-risk third countries, published as Annex I to Regulation No. 105/2020, shall be amended in accordance with the amendments set out in Art. 1 of this regulation. The list is published as Annex I to this regulation as thus amended.

Art. 3.

In place of Annex II to the regulation, concerning the publication of Commission Delegated Regulation (EU) 2023/1219 together with its Annex, a new Annex II shall be inserted, concerning the publication of Delegated Regulation (EU) 2025/1393 amending Delegated Regulation (EU) 2025/1184 in order to introduce a review provision, cf. Art. 1, which is published with this regulation.

Art. 4.

This regulation is enacted pursuant to the authority of Art. 56 of the Act on measures against money laundering and terrorist financing No. 140/2018 and enters into force immediately.

Ministry of Justice, 25 November 2025.
Þorbjörg S. Gunnlaugsdóttir.
Bryndís Helgadóttir.

Annex I.

List of high-risk third countries, cf. Commission Delegated Regulation (EU) 2016/1675.

I. High-risk third countries that have made a written, political commitment by senior officials to remedy the identified deficiencies and have developed an action plan with the Financial Action Task Force (FATF).

No.	High-risk third country
1	Afghanistan
2	Algeria
3	Angola
4	Burkina Faso
5	Cameroon
6	Côte d´Ivoire (Ivory Coast)
7	Democratic Republic of the Congo
8	Haiti
9	Kenya
10	Laos
11	Lebanon
12	Mali
13	Monaco
14	Mozambique
15	Myanmar (Burma)
16	Namibia
17	Nepal
18	Nigeria
19	South Africa
20	South Sudan
21	Syria
22	Tanzania
23	Trinidad and Tobago
24	Vanuatu
25	Venezuela
26	Vietnam
27	Yemen

II. High-risk third countries that have made a written, political commitment at a high level to address the identified deficiencies and have decided to request technical assistance to implement the Financial Action Task Force's action plan, and which are identified in the public statement of the Financial Action Task Force (FATF).

No.	High-risk third country
1	Iran

III. High-risk third countries where there is an ongoing and substantial risk of money laundering and terrorist financing and which have repeatedly failed to address the identified deficiencies, and which are identified in the public statement of the Financial Action Task Force (FATF).

No.	High-risk third country
1	Democratic People's Republic of Korea

ANNEX II

DELEGATED REGULATION (EU) 2025/1393 OF THE COMMISSION

of 8 July 2025

amending Delegated Regulation (EU) 2025/1184 to introduce a review clause

THE EUROPEAN COMMISSION,

having regard to the Treaty on the Functioning of the European Union,

having regard to Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC (1), in particular Article 9(2),

whereas the following considerations apply:

1) On 10 June 2025 the Commission adopted Delegated Regulation (EU) 2025/1184 (2) amending the list of high-risk third countries set out in Delegated Regulation (EU) 2016/1675 (3). This amending regulation follows the recommendations of the Financial Action Task Force (FATF), which sets international standards.

2) Countries that have not been officially identified as countries subject to requirements for action or enhanced supervision by the Financial Action Task Force may nevertheless pose a threat to the integrity of the EU financial system. If the membership of such countries in the FATF is temporarily suspended due to serious breaches of the fundamental principles underlying this standard-setting body, the threat to the EU financial system is likely to increase. The Commission should therefore take decisive action to preserve the integrity of the EU financial system and complete an independent assessment of whether such countries are high-risk third countries, as provided for in Article 9 of Directive (EU) 2015/849. In view of the current geopolitical circumstances, it is important that the Commission acts swiftly. It is therefore appropriate to provide that the Commission is required to complete such an assessment by 31 December 2025. In order to supplement the approach followed in Delegated Regulation (EU) 2025/1184, such an obligation should be introduced into that regulation.

3) Delegated Regulation (EU) 2025/1184 should therefore be amended accordingly.

HAS ADOPTED THIS REGULATION:

Article 1

Article 1a is inserted into Delegated Regulation (EU) 2025/1184.

'Article 1a

By 31 December 2025 at the latest, the Commission shall complete a review of third countries that have not been identified as countries subject to requirements for action or enhanced supervision by the FATF but whose membership of that international standard-setting body is temporarily suspended, in order to assess whether the Annex to Delegated Regulation (EU) 2016/1675 needs to be amended accordingly.'

Article 2

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 8 July 2025.
For the Commission, the President,
Ursula VON DER LEYEN
President.

(1) OJ. EU L 141, 5.6.2015, p. 73, ELI: https://data.europa.eu/eli/dir/2015/849/oj.

(2) Commission Delegated Regulation (EU) 2025/1184 of 10 June 2025 amending Regulation (EU) 2016/1675 to add Algeria, Angola, Côte d’Ivoire, Kenya, Laos, Lebanon, Monaco, Namibia, Nepal and Venezuela to the list of high-risk third countries that have made a written, political commitment of their highest-level authorities to remedy the deficiencies identified and have prepared an action plan with the FATF, and to remove Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, Uganda and the United Arab Emirates from that list (OJ L, 2025/1184, 16.7.2025, ELI: https://data.europa.eu/eli/reg_del/2025/1184/oj).

(3) Commission Delegated Regulation (EU) 2016/1675 of 14 July 2016 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council by identifying high-risk third countries with strategic deficiencies (OJ. EU L 254, 20.9.2016, p. 1, ELI: https://data.europa.eu/eli/reg_del/2016/1675/oj).

Section B — Date of publication: 26 November 2025