Sanctions Intel . Internal

Papua New Guinea Sanctions

PGFATF Grey List

Papua New Guinea is currently subject to 3 active sanctions programs imposed by Financial Action Task Force, UK High-Risk Third Countries (AML/CFT) and World Bank Fragile and Conflict-Affected Situations. These measures include financial restrictions and other. Papua New Guinea is also on the FATF grey list. This page lists every program targeting Papua New Guinea, the legal bases behind them, and the most recent changes.

Last updated 11 Jun 2026

Programs

3

Authorities

3

Restriction Types

2

Restrictions

financial restrictionsother

Sanctions Programs

Jurisdictions under increased monitoring due to strategic deficiencies in AML/CFT but actively working with FATF on action plans. When the FATF places a jurisdiction under increased monitoring, it means the country has committed to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring.

Legal bases: FATF Recommendation 19
financial restrictions

HM Treasury advisory notice identifying jurisdictions considered High-Risk Third Countries (HRTCs) under the UK Money Laundering Regulations. The list combines jurisdictions from both FATF lists: 'High-Risk Jurisdictions subject to a Call for Action' (FATF blacklist) and 'Jurisdictions Under Increased Monitoring' (FATF grey list). As of February 2026, there are 25 jurisdictions in total across both categories, with 9 of those also subject to additional financial sanctions measures.

Legal bases: Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, Regulation 33(1)(b) of the MLRs, Regulation 33(3) of the MLRs
financial restrictions

Countries classified as having institutional and social fragility under the World Bank FCS framework

Legal bases: World Bank FCS Classification Framework
other

Recent Changes

FATF

Resources added

Added: 1 statement(s)

11 Jun 2026
FATF

Target countries updated

Added: DZ, AO, BO, BG, CM, HT, KW, LA, LB, MC, NA, NP, PG, VG. Removed: AF, BJ, BF, KH, CF, CN, GR, ML, MZ, NG, PK, PH, TZ, TR, UG, AE

11 Jun 2026
UK-AML

Legal basis updated for UK High-Risk Third Countries (AML/CFT)

Removed: Regulation 20(3) of the MLRs

11 Jun 2026
UK-AML

Resources added

Added: 1 advisory(s)

11 Jun 2026
WORLDBANK-FCS

New program: World Bank FCS — Institutional & Social Fragility

New sanctions program detected: World Bank FCS — Institutional & Social Fragility

5 Jun 2026
UK-AML

Legal basis updated for UK High-Risk Third Countries (AML/CFT)

Added: Regulation 33(1)(b) of the MLRs, Regulation 33(3) of the MLRs, Regulation 20(3) of the MLRs. Removed: Regulation 33(1)(b) — Enhanced customer due diligence for high-risk third countries, Regulation 33(3) — Definition of 'established in a country', Regulation 33(3A) — Steps required for enhanced due diligence, Regulation 20(3) — Group wide controls for third-country branches and subsidiaries

4 Jun 2026
UK-AML

Resources added

Added: 1 guidance(s)

4 Jun 2026
FATF

Resources added

Added: 1 statement(s)

3 Jun 2026
FATF

Resources added

Added: 1 statement(s)

2 Jun 2026
FATF

Resources added

Added: 1 statement(s)

1 Jun 2026
FATF

Resources added

Added: 1 statement(s)

31 May 2026
FATF

Resources added

Added: 1 statement(s)

29 May 2026
FATF

Resources added

Added: 1 statement(s)

24 May 2026
FATF

Resources added

Added: 1 statement(s)

23 May 2026
FATF

Resources added

Added: 1 official_statement(s)

21 May 2026
FATF

Resources added

Added: 1 official_document(s)

19 May 2026
FATF

Resources added

Added: 1 statement(s)

17 May 2026
FATF

Resources added

Added: 1 statement(s)

14 May 2026
UK-AML

Legal basis updated for UK High-Risk Third Countries (AML/CFT)

Added: Regulation 33(1)(b) — Enhanced customer due diligence for high-risk third countries, Regulation 33(3) — Definition of 'established in a country', Regulation 33(3A) — Steps required for enhanced due diligence, Regulation 20(3) — Group wide controls for third-country branches and subsidiaries

7 May 2026
UK-AML

Resources added

Added: 2 advisory(s)

7 May 2026
FATF

New program: FATF Grey List — Jurisdictions Under Increased Monitoring

New sanctions program detected: FATF Grey List — Jurisdictions Under Increased Monitoring

12 Apr 2026
UK-AML

New program: UK High-Risk Third Countries (AML/CFT)

New sanctions program detected: UK High-Risk Third Countries (AML/CFT)

2 Apr 2026
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