On July 20, the Financial Crimes Enforcement Network (FinCEN) issued an advisory announcing that the Financial Action Task Force (FATF) has updated its list of jurisdictions with anti-money laundering and counter-terrorist financing (AML/CFT) deficiencies. In connection with this update, the National Futures Association (NFA) issued a notice reminding futures commission merchants and introducing brokers to review the FinCEN advisory and update their anti-money laundering programs with the most current information on FATF-identified jurisdictions with AML/CFT deficiencies.
NFA’s notice is available here. FinCEN’s advisory is available here.