This Methodology was published by the EU Commission on 22nd June. Under Article 9 of Directive (EU) 2015/849 (the 4th Anti-Money Laundering Directive), the Commission is required identify high-risk third countries through the adoption of delegated acts. The Directive – as amended by Directive (EU) 2018/843 (the 5th Anti-Money Laundering Directive) establishes the scope and the legal requirements to be fulfilled and which are developed in the methodology. The Methodology provides a methodological approach for identifying third country jurisdictions which have strategic deficiencies in their AML/CFT regimes (“high-risk third countries”).
https://ec.europa.eu/info/sites/info/files/swd_2018_362_f1_staff_working_paper_en_v2_p1_984066.pdf