High Risk Jurisdiction
High-Risk Jurisdictions subject to a Call for Action is country/jurisdiction high risk that has significant strategic deficiencies in the prevention regime and eradicating money laundering, terrorism financing and funding the proliferation of weapons of mass destruction, so BTN was asked to implement EDD, and in very serious circumstances, implemented it countermeasures against countries identified as high risk in order to protect the system Indonesian finances from criminal activities such as money laundering, terrorist financing and/or funding Proliferation of Weapons of Mass Destruction (TPPU, TPPT, and/or PPSPM) whose risks originate from the state the following, namely:
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Jurisdictions subject to a FATF call on its members and other jurisdictions to apply countermeasures:
- Democratic People's Republic of Korea (North Korea); and
- Iran
The Bank rejects business relationships with prospective customers, clients, beneficial owners, conductors and/or Walk In Customers (WIC) originating from the jurisdictional country as intended
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Jurisdiction subject to a FATF call on its members and other jurisdictions to apply EDD measures proportionate to the risks arising from the jurisdiction:
- Myanmar
Banks carry out EDD obligations and submit suspicious activity reports on APU, PPT and PPPSPM applications to prospective customers, customers, beneficial owners, conductors and/or Walk In Customers (WIC) originating from the jurisdictional country as intended.
Jurisdictions with strategic deficiencies, namely countries/jurisdictions that are deemed not to have implemented action plans for implementing the APU, PPT and PPPSPM programs so that they are closely monitored, namely:
- Algeria
- Angola
- Bulgaria
- Burkina Faso
- Cameroon
- Cote D’Ivorie (Pantai Gading)
- Croatia
- Democratic Republic of the Congo
- Haiti
- Kenya
- Lao PDR
- Lebanon
- Mali
- Monaco
- Mozambique
- Namibia
- Nigeria
- Nigeria
- South Africa
- South Sudan
- Syria
- Tanzania
- Venezuela
- Vietnam
- Yemen