As part of country risk analysis, VIGIL takes into account several official or recognised lists to identify jurisdictions presenting an increased risk in terms of AML/CFT, sanctions or tax transparency.

The main lists being considered are:

• high-risk jurisdictions subject to a FATF call to action; ;
• jurisdictions under enhanced GAFI supervision; ;
• third countries identified as high-risk by the European Union; ;
• the European list of non-cooperative tax jurisdictions ;
• the Global Terrorism Index
• the Basel AML Index
• The Corruption Perception Index

These lists are used to draw the user's attention when a country related to a business relationship, beneficial owner, counterparty, or transaction presents a particular level of risk.

Depending on the context, the user may decide to apply enhanced due diligence measures, request further information, or document the decision taken in the file.

How do I access the geographic risk analysis? #

Within the top banner, click «Country Risk»

You will thus obtain the complete list of countries as well as the results on the different lists.

How to determine the geographical risk associated with a client or their related parties? #

1. Access client file (via client register)

2. Access the «Country Risk» tab (in the left-hand column)

3. You will see the results for countries associated with your client and its related parties that you have entered.

Please note: the countries considered are those linked to nationality as well as residence or establishment.