{"id":5016,"date":"2016-05-25T13:32:17","date_gmt":"2016-05-25T11:32:17","guid":{"rendered":"https:\/\/www.fma.gv.at\/en\/?page_id=5016"},"modified":"2026-02-17T23:00:00","modified_gmt":"2026-02-17T22:00:00","slug":"high-risk-third-countries","status":"publish","type":"page","link":"https:\/\/www.fma.gv.at\/en\/cross-sectoral-topics\/prevention-of-money-laundering-terrorist-financing\/high-risk-third-countries\/","title":{"rendered":"High-risk third countries"},"content":{"rendered":"

Countries with an increased risk<\/h2>

Obliged entities under the FM-GwG are required to apply enhanced customer due diligence for natural or legal persons resident or established in third countries identified as high risk countries. This covers both customers who have their registered office or place of residence in such a third country as well as business relationship or (occasional) transactions that have a connection to such a third country.<\/p>

Which countries fall within this scope of application is determined for the entire EEA by a Delegated Regulation. Please consult the Annex to Delegated Regulation (EU) 2016\/1675<\/a> in its respective current version.<\/p>

Furthermore obliged entities must also take geographical risk into account accordingly both with regard to their customer risk assessment as well as their own entity’s risk assessment.<\/p>

The FMA therefore draws attention to the particular risk in the following FATF communications:<\/p>

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