High-risk countries

In order to protect the economy and the San Marino financial system, the Law of 17 June 2008, no. 92 - implementing, by Congress of State Decisions, Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 - provides that the Republic identifies foreign jurisdictions with strategic deficiencies in their respective national regimes for preventing and combating money laundering and terrorist financing, "High risk countries".

The identification of "high-risk countries" is a useful act for the obliged parties to allow them to correctly fulfill the legal obligations and those provided by the AIF Instructions as well as a useful reference to the competent Authorities and also to public offices to identify situations of high risk potential in carrying out its activities.


Consolidated list of high-risk countries established by Congress of State Decision