New Monegasque list of states at high risk of money laundering, terrorist financing, or corruption, and non-cooperative states (Ministerial Order No. 2026-433 of 28 July 2026)

Ministerial Order No. 2026-433 of 28 July 2026 (JDM No. 8810 of July 31, 2026) establishes the list of States or territories whose systems for combating money laundering, the financing of terrorism and of the proliferation of weapons of mass destruction, and corruption exhibit strategic deficiencies (corresponding to the FATF "grey list"), as referred to in Article 14-1 of Law No. 1.362 of 2 August 2009, as amended, following the decision made by the Financial Action Task Force (FATF) during its Plenary session held from 17 to 19 June 2026.

New Monegasque list of ETHRs: Afghanistan; Algeria; Angola; Bolivia; Bosnia and Herzegovina; Bulgaria; Cameroon; Democratic Republic of the Congo; Democratic People's Republic of Korea; Côte d’Ivoire; Haiti; Virgin Islands (United Kingdom); Iraq; Islamic Republic of Iran; Kenya; Kuwait; Lao People's Democratic Republic; Lebanon; Myanmar/Burma; Namibia; Nepal; Papua New Guinea; Russian Federation; South Sudan; Syria; Trinidad and Tobago; Vanuatu; Venezuela; Vietnam; Yemen.

Source: Decision to place Bosnia and Herzegovina and Iraq on the list of jurisdictions under increased monitoring, adopted by the Financial Action Task Force during its plenary meeting held from 17 to 19 June 2026 (grey list).

Ministerial Order No. 2026-433 also stipulates, with regard to non-cooperative states or territories (corresponding to the FATF "blacklist"), pursuant to Article 41 of Law No. 1.362 of 3 August 2009, as amended, that "the reporting obligations set out in Chapter V of Law No. 1.362 are extended to transactions and activities involving natural or legal persons domiciled, registered, or established in the territory of the Democratic People's Republic of Korea and the Islamic Republic of Iran" (mandatory and immediate suspicious activity reporting).

Ministerial Order No. 2021-703 of 8 November 2021, which was previously in force, is repealed.