The National Futures Association has notified member futures commission merchants (FCMs) and introducing brokers (IBs) that the Financial Crimes Enforcement Network (FinCEN) has issued an advisory containing guidance with respect to the Financial Action Task Force’s (FATF) updated list of jurisdictions with strategic anti-money laundering and counter-terrorist financing (AML/CFT) deficiencies. The NFA advised member FCMs and IBs to review the advisory to ensure that their AML programs have the most current information on FATF-identified jurisdictions with AML/CFT deficiencies and revise their AML programs accordingly. 

The NFA notice to members can be found here. 

The FinCEN advisory can be found here.