On April 24th, the Financial Crimes Enforcement Network issued advisories to inform banks and other financial institutions operating in the United States of the risks of money laundering and financing of terrorism associated with jurisdictions identified by the Financial Action Task Force ("FATF"), on February 22, 2013, as having deficiencies in their AML/CFT regimes. FIN-2013-A004 discusses countries that have not made sufficient progress in addressing deficiencies or are subject to FATF's call for countermeasures. FIN-2013-A003 addresses FATF's identification of jurisdictions with strategic AML/CFT deficiencies for which each jurisdiction has provided a high-level political commitment to address.