EU removes Moçambique from the list of high-risk countries for financial crime

The European Commission today removed Mozambique from the European Union list of high-risk jurisdictions with deficiencies in combating financial crime, on which it had been since 2023, following the update by the Financial Action Task Force.
“The European Commission today updated its list of high-risk jurisdictions that have strategic deficiencies in their national regimes to combat money laundering and terrorist financing,” the institution announces in a statement.
The EU removed from the list third-country jurisdictions such as Mozambique, Burkina Faso, Mali, Nigeria, South Africa and Tanzania.
Mozambique had been on this list since March 2023.
Brussels also added new territories to the list, such as Bolivia and the British Virgin Islands.
This update, the institution notes, follows the decisions taken by the Financial Action Task Force and its list of jurisdictions under increased monitoring, after the plenary meetings of June and October 2025.”
EU entities covered by the money laundering directive are required to apply enhanced monitoring to transactions involving countries included on the list.
The aim is to protect the integrity of the EU financial system.
The European executive adds in the note that it is “closely involved in monitoring the progress of the jurisdictions included on the list, helping them to fully implement their respective action plans agreed with the Financial Action Task Force.”
The EU directive on money laundering requires the European Commission to regularly update the list of high-risk third-country jurisdictions.
The new list will enter into force after review and no objection by the European Parliament and the Council within a period of one month (which may be extended by one more month).