Due to repeated warning from FATF for Pakistan’s involvement in terror financing and money laundering, Pakistan has been included in the grey list of FATF and are also looking into a situation where if not acted on an urgent basis, they might also be shifted to the Blacklist of FATF. b)...
The UAE has been placed on FATF’s grey list in March 2022 following the identification of a number of deficiencies. This whitepaper explores the grey listing process, potential repercussions and what can be expected in the future.
Define greylist. greylist synonyms, greylist pronunciation, greylist translation, English dictionary definition of greylist. or vb to hold in suspicion, without actually excluding him or her from a particular activity Collins English Dictionary – Comple
Indeed, in October 2021, Mauritius was removed from the list of jurisdictions under enhanced monitoring, having been placed there in February 2020. Therefore, the expediency which Mauritius responded through laws and the effectiveness with which it managed to restore international busin...
Islamabad: The global terror-financing watchdog, Financial Action Task Force (FATF), retained Pakistan on its grey or ‘increased monitoring list’ even as it acknowledged “significant progress” made on the entire 27-point action plan Pakistan had committed to for checking money-laundering and te...
ANKARA, June 28 (Xinhua) -- The global financial crime watchdog Financial Action Task Force (FATF) had removed Türkiye from its "grey list" of countries that require special scrutiny, the country's Finance and Treasury Ministry said Friday. ...
BEIJING, Oct. 24 (Xinhua) -- China welcomes the decision of the Financial Action Task Force (FATF) to remove Pakistan from its grey list, a foreign ministry spokesperson said on Monday. "China congratulates Pakistan on this," spokesperson Wang Wenbin told a regular news briefing. ...
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. ...
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...
Per routine, Energy Minister Hammad Azhar hailed Pakistan’s retention on the grey list as “good news.” Claiming that Islamabad had managed to address four of seven points on the Asia-Pacific Group action plan within “one cycle,” he said this was “unprecedented” in FATF history. “For...