This Thursday, the 4th, the European Commission removed Mozambique from the European Union’s list of high-risk jurisdictions with deficiencies in combating financial crime, which it had been on since 2023, following the update of the International Financial Action Group.
“The European Commission today updated its list of high-risk jurisdictions that present strategic deficiencies in their national regimes to combat money laundering and terrorist financing”, announces the institution in a statement.
The EU removed third-country jurisdictions such as Mozambique, Burkina Faso, Mali, Nigeria, South Africa and Tanzania from the list.
Mozambique has been on this list since March 2023.
Brussels also added new territories to the list, such as Bolivia and the British Virgin Islands.
This update, says the institution, follows the decisions taken by the International Financial Action Group and its list of jurisdictions under increased monitoring, after the plenary meetings in June and October 2025”.
EU entities covered by the Money Laundering Directive are required to apply enhanced due diligence on transactions involving countries included on the list.
The aim is to protect the integrity of the EU’s financial system.
The community executive states in the note that it is “closely involved in monitoring the progress of the jurisdictions included on the list, helping them to fully implement the respective action plans agreed with the International Financial Action Group”.
The EU Anti-Money Laundering Directive requires the European Commission to regularly update the list of high-risk third-country jurisdictions.
The new list will come into force after analysis and no objection from the European Parliament and the Council within a period of one month (which can be extended for another month).