AMLO is to call on financial institutions and persons engaging in professions under Section 16 (1) and (9) of the Anti-Money Laundering Act, 1999 to take into strict consideration risk factors for customers and shall designate as a high-risk customer and also apply enhanced CDD measures in the following cases:

(1) Customer resides either temporarily or permanently;

(2) Customer engages in an occupation;

(3) Customer has an income source from or;

(4) Conducts transactions

Each case described above is in a geographical area or country which has been notified as an area or country with a high risk of money laundering and terrorist financing.

List of High Risks Countries in accordance with FATF Public Statement and On-Going Process (As of October 2015)