Monaco Taken Off Global Money-Laundering 'Grey List'
11 Articles
11 Articles
Radio France Internationale
rtl.luMonaco taken off global money-laundering 'grey list'
Bulgaria, Democratic Republic of Congo and the Ivory Coast were also removed from the list, the organisation said after a plenary meeting. The countries had completed promised action plans "and will no longer be subject to the FATF's increased monitoring process," it added. The Paris-based FATF monitors efforts by more than 200 countries and jurisdictions to prevent money laundering and the financing of terrorism. Grey list nations are considere…
The Financial Action Task Force (FATF) has removed Monaco from its grey list, where it had been since June 2024, following progress made in combating money laundering.
Monaco, Bulgaria, Côte d'Ivoire and the Democratic Republic of the Congo were removed from the Gafi grey list on Friday, 30 October, and these countries received satisfaction for their progress in combating financial crime.
The Financial Action Task Force (FATF), the international agency against money laundering and the financing of terrorism, decided at its meeting [...]
FATF welcomed the improvement shown by these countries in "their regime to combat money laundering and the financing of terrorism".
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
