Country and sanctions lists
Countries with an increased risk
Institutions supervised by the Financial Market Authority are required to undertake a risk analysis with regard to prevention measures in relation to money laundering and terrorist financing. In such a risk analysis process, the geographical risk associated with the persons, transactions and business relations must also be assessed by the institutions themselves. The preventative measures taken by the institutions must be oriented against this risk analysis.
The Financial Market Authority therefore draws attention to the particular increased risk associated with the countries listed in the following documents:
The sanctions lists fall within the scope of competences of the Oesterreichische Nationalbank (OeNB). Information about the OeNB Regulations under the scope of the Exchange Control Act (DevG – Devisengesetz) – (German only) https://www.oenb.at/Ueber-Uns/Rechtliche-Grundlagen/Verordnungen-nach-DevG.html and sanctions relating to Iran can be found (German only) https://www.oenb.at/Ueber-Uns/Rechtliche-Grundlagen/Finanzsanktionen/iran.html.