Turkey’s finance minister has revealed the country’s intentions to introduce new crypto regulations, aiming to secure removal from the Financial Action Task Force’s “grey list” of nations lacking sufficient anti-money laundering measures. Back in 2021, the FATF had put Turkey on the grey li...
When the FATF places a jurisdiction under increased monitoring, it means the country has committed to resolve swiftly the identified strategic deficiencies within agreed time frames and is subject to increased monitoring. This list is often externally referred to as the"grey list".[1] 2.呼吁采取行...
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...
ISLAMABAD, June 18 (Xinhua) -- The Financial Action Task Force (FATF) has acknowledged the completion of Pakistan's Action Plans of 2018 and 2021 and authorized an onsite visit to Pakistan as a final step to removing the country from FATF's grey list, the Pakistani Foreign Ministry said. ...
“black list”), with respect to which other countries are expected to apply enhanced due diligence or, in serious cases, counter-measures to protect the international financial system; or (ii) a “Jurisdiction under Increased Monitoring” (the so-called “grey list”), with respect to which...
The FATF’s working group is set to meet in Paris from Feb. 21-March 4, during which it would consider Pakistan’s status on the grey-list or the list of “jurisdictions under increased monitoring.” Initially, Pakistan’s action plan comprised 27 items, of which 26 had been...
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. ...
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. ...
If they fail to do this to the standard that the FATF wants, they could just as easily find themselves on the FATF’s grey list or even black List. In other words, the outcome of attempting to comply will be almost the same as outright non-compliance. So why bother tryi...
Myanmar, in the past, has been placed on the greylist and blacklist on multiple occasions. Myanmar was placed on the blacklist from June 2001 to October 2006 and from October 2011 to February 2016. It was placed on the greylist from February to October 2016. In all of these cases, Mya...