Commission Delegated Regulation (EU) 2023/1219 of 17 May 2023 amending Delegated Regulation (EU) 2016/1675 as regards adding Nigeria and South Africa to the table in point I of the Annex and deleting Cambodia and Morocco from that table (Text with EEA relevance)

Commission Delegated Regulation (EU) 2023/1219 has been published in the Official Journal (OJ) of the EU. It modifies Commission Delegated Regulation (EU) 2016/1675 which sets out the list of high-risk third countries for purposes of the Anti-Money Laundering Directive IV (AMLD IV) and thus for purposes of applying adequate due diligence measures.
In the Annex, the table under point „I. High-risk third countries which have provided a written high-level political commitment to address the identified deficiencies and have developed an action plan with FATF“ of the 2016 Delegated Regulation has thereby been modified as follows:
Nigeria and South Africa were added to the list as they have identified AML deficiencies, but have signaled their commitment to mitigate these shortcomings. Cambodia and Marokko were removed from that table as they have adopted substantive regulatory and legal measures to address their AML and CFT deficiencies which qualifies them for being de-listed.
Therefore, the new consolidated version of „High-risk third countries which have provided a written high-level political commitment to address the identified deficiencies and have developed an action plan with FATF“ looks as follows:
Table 1 – High-risk third country