The Financial Action Task Force (FATF) has updated its ‘grey list’ of jurisdictions under increased monitoring, removing Senegal and adding Algeria, Angola, Côte d’Ivoire, and Lebanon. The intergovernmental organization made no changes to its ‘black list’ of ...
Back in 2021, the FATF had put Turkey on the grey list. As per the Reuters report earlier today, November 1, Turkish Finance Minister Mehmet Simsekspoketo the parliamentary commission that “work related to crypto assets” is one of the final outstanding matters needed for the nation to achie...
After FATF four-day virtual meeting session, the President of FATF Dr. Marcus Pleyer conducted a press conference covering the results of the virtual meeting. The decision was declared in the press conference to keep Pakistan on the grey list until further notice. Pleyer added that although, I...
Mauritius and Botswana are no longer on a “grey list” of jurisdictions subject to increased monitoring over their anti-money laundering, counter-terrorist financing and other illicit money flow issues, while the Cayman Islands and Malta remain on the list. The Financial Action Task Force (FATF)...
it is officially referred to as jurisdictions under increased monitoring. the countries on this list may face economic sanctions from institutions like the imf and the world bank and experience adverse effects on trade. pakistan is one of the country in the greylist of faft. candidates can find...
FATF removing Pakistan from 'grey list' has provided a country with a chance to behave like a civilised nation and give up its obsession with terror and the terrorists. Now, the ball is in the court of Pakistan whether it wants to change or not. ...