On June 29, 2009, the Financial Action Task Force (FATF) issued a statement on Iran, Uzbekistan, Turkmenistan, Pakistan and São Tomé and Príncipe. The statement reiterates the FATF's previous concerns with respect to the AML/CFT risks presented by these countries.
Accordingly, the FINTRAC advisory of February 27, 2009, which called for increased vigilance when dealing with entities from Iran, Uzbekistan, Turkmenistan, Pakistan, and São Tomé and Príncipe, remains in effect.
The text of the FATF statement can be found at:
http://www.fatf-gafi.org
Canada is a member of the FATF and strongly supports its efforts to combat money laundering and terrorist financing.
The Office of the Superintendent of Financial Institutions (OSFI) has also issued a Notice to all federally regulated financial institutions. For a copy of the Notice, visit:
http://www.osfi-bsif.gc.ca.
