High-risk country

1. Anti money laundering and Countering Terrorist Financing.

In this context, a high-risk country is one with significant deficiencies in its anti money laundering (AML) and Countering the Financing of Terrorism (CFT) regimes.

2. International trade.

In the international trade context, a high-risk country is one which presents higher levels of financial risk or other commercial risks for a trading counterparty.

See also

• 4MLD
• Anti money laundering
• Countering the financing of terrorism (CFT)
• Financial Action Task Force
• FinCEN
• Know-your-customer
• PANA inquiry
• Political risk
• Terrorist financing

Other resource

Squeaky Clean, The Treasurer, 2015 student article on anti money laundering implications for corporate treasurers.