High-risk country

From ACT Wiki
Revision as of 16:52, 25 June 2022 by imported>Doug Williamson (Mend link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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


Other resource

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