Overview
Legl uses a set list of high-risk countries. This article explains where Legl uses the list and which countries are on it, so you know why a client in one of these countries is flagged.
ℹ️ Important
Legl's high-risk country list is based on the FATF (Financial Action Task Force) black and grey lists.
For the latest FATF lists, see High-risk and other monitored jurisdictions ↗.
Where Legl uses this list
Legl checks a client's country against this list in the following places.
Legl Assist in Risk Assessments
Legl Assist can answer Is the client resident in a high-risk jurisdiction? in a Risk Assessment. It checks the country on the client record against this list.
Risk rules
The Client from a high-risk third country rule fires when a client's country is on this list and is not your firm's own country. Your firm can use it to flag the result for your team to review.
Compliance overview
The Compliance overview shows clients based in a country on this list. When you export a CSV of flagged high-risk contacts, the Is high-risk third country column shows whether each contact is in one of these countries.
Email notifications
Admins can add email addresses under High-risk country notification recipients in Engage settings. Those recipients get an email when a contact in a country on this list is detected.
ℹ️ Further guidance
The high-risk country list
Legl currently treats these 21 countries as high risk:
Country | Two-letter code | Three-letter code |
Angola | AO | AGO |
Bolivia | BO | BOL |
Bosnia and Herzegovina | BA | BIH |
British Virgin Islands | VG | VGB |
Cameroon | CM | CMR |
DPRK (North Korea) | KP | PRK |
Haiti | HT | HTI |
Iran | IR | IRN |
Iraq | IQ | IRQ |
Kenya | KE | KEN |
Kuwait | KW | KWT |
Lao PDR | LA | LAO |
Lebanon | LB | LBN |
Myanmar | MM | MMR |
Nepal | NP | NPL |
Papua New Guinea | PG | PNG |
South Sudan | SS | SSD |
Syria | SY | SYR |
Venezuela | VE | VEN |
Vietnam | VN | VNM |
Yemen | YE | YEM |
Important information
FATF updates its black and grey lists after each plenary meeting, usually in February, June and October.
A client in a high-risk country is not a decision on its own. Review each result in line with your firm's own risk policy.
If you have a question about a country on this list, contact our Support team.