Treasury has updated its advisory notice to financial institutions following the latest FATF meeting. It advises firms to apply enhanced due diligence for anti-money laundering (AML) purposes to the following jurisdictions, some of which are also subject to financial sanctions: Bolivia, Cuba, the Democratic People’s Republic of Korea, Ecuador, Ethiopia, Indonesia, Iran, Kenya, Myanmar, Nigeria, Pakistan, São Tomé and Principe, Sri Lanka, Syria, Tanzania, Thailand, Turkey, Vietnam and Yemen. It also lists a number of further jurisdictions in relation to which firms should consider what actions are appropriate to minimise risks. (Source: Treasury Updates AML Advisory)