List of High Risk and Non-Cooperative Jurisdictions Identified by FATF and
ROC
Interview Session
Pursuant to para 7.1 under the Guidelines on Work Permit Application in
Labuan IBFC for Non-Licensed Entity, applicant from high-risk jurisdiction
as listed by the Financial Action Task Force (FATF) and other countries as
may be specified by Labuan FSA may be required to attend an interview
session which would be conducted by Labuan FSA.
As at October 2016, ROC has developed its’ internal list for High Risk
Jurisdictions which is an additional jurisdictions to those listed under
FATF Public Statement dated 21 October 2016, to be interviewed as part of
the work permit application process.
The jurisdictions identified by ROC is not exhaustive and may be updated
continually. The Trust Company is advised to regularly check the latest
list for reference. Notwithstanding the above jurisdictions, applicant from
other jurisdictions may also be interviewed whenever deemed necessary as
per case to case basis.