From CompliNEWS | Financial Service Intelligence Watch

Recap = FATF updates its black and grey lists


The global AML watchdog the Financial Action Task Force (FATF) has updated its list of countries of concern (its ‘black and grey’ lists). As of late October, 129 countries have been reviewed, 102 publicly identified and 76 removed from the process, having made the necessary reforms to their processes. Here you can find the black (High-Risk Jurisdictions subject to a Call for Action) and grey (Jurisdictions under Increased Monitoring) lists of countries. Bulgaria has been added to the grey list and The Cayman Islands, Albania, Jordan and Panama have been removed following recent reforms.