Fatf Black List 2025. The body earlier identified 18 deficiencies in the country’s measures against money laundering and terrorist and proliferation financing. This increases due diligence costs.
I) high risk jurisdictions subject to a call for action (black list) ii) jurisdictions under increased monitoring (grey list). When the fatf places a jurisdiction under increased monitoring, it means the country has committed to resolve.
Why Was Pakistan Removed From The ‘Grey List’?
National treasury has noted that whilst south africa is on track to address all the outstanding action items by the financial action task force (fatf) with regards to the country’s grey listing, it remains a challenge to address all 17 of the remaining action items by february 2025.
Fatf Black List Countries This List Identifies Countries And Jurisdictions With Serious Deficiencies When It Comes To Countering Money Laundering And Terrorist Financing.
Pakistan has been recently removed from fatf’s grey list.
The Body Earlier Identified 18 Deficiencies In The Country’s Measures Against Money Laundering And Terrorist And Proliferation Financing.
Images References :
The Fatf Black List Refers To The Fatf's Practice Of Publicly Identifying Those Jurisdictions With Serious Deficiencies That Are Not Actively Engaging With The Fatf To Address These Deficiencies.
Information concerning india's efforts to tackle money laundering, terrorism financing and the financing of weapons mass destruction, including recent reports and ministries and national authorities involved in fatf work.
• This List Is Referred To As The “Black List”.
• iran, north korea and myanmar are on the fatf black list.