Ministerial Order No. 2026-72
Following Ministerial Order No. 2026‑72 of 18 February 2026, Monaco updated the list of States and territories considered to present strategic deficiencies in anti-money laundering and counter-terrorist financing (AML/CFT) frameworks under Ministerial Order No. 2021-703 dated 8 November 2021.
Key Changes to the List
As part of the update, Monaco removed the following jurisdictions from the list of countries whose anti-money laundering, counter-terrorist financing, or anti-corruption measures present strategic deficiencies:
- South Africa
- Burkina Faso
- Mali
- Mozambique
- Nigeria
- Tanzania
Monaco added the following jurisdiction to the list:
- Russia
Compliance Implications for Monaco-Regulated Entities
Entities subject to AML obligations in Monaco must update their internal procedures and review the territories requiring enhanced vigilance measures.
DL Corporate & Regulatory Assistance
DL Corporate & Regulatory assists clients with AML/CFT impact assessments, updates to internal procedures and KYC policies, and guidance on implementing due-diligence measures to mitigate legal risks arising from the AML/CFT regulatory framework.
Find out more here.
