The European Commission’s list of high-risk third country jurisdictions for AML/CFT purposes (i.e. EU AML List) is a list of countries deemed high-risk under the AML Directive – those countries whose AML/CFT regimes have strategic deficiencies which pose a significant threat to the EU’s financial system. The EU AML List is highly aligned with but is different from the Financial Action Task Force’s list of jurisdictions under increased monitoring (known as the FATF grey list).