FATF adds Monaco, Venezuela to money laundering ‘grey list’

June 28, 2024 admin

Global anti-money laundering watchdog the Financial Action Task Force (FATF) said on June 28, 2024, it had added Monaco to a “grey list” of countries subject to increased monitoring. File | Photo Credit: Reuters Global anti-money laundering watchdog the Financial Action Task Force (FATF) said on June 28 it had added Monaco to a “grey…

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UAE dropped from FATF’s financial crime watch list

February 23, 2024 admin

A general view of Dubai Downtown showing world’s tallest building Burj Al Khalifa, in Dubai United Arab Emirates. File | Photo Credit: Reuters The United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog’s list of countries at risk of illicit money flows, a win for the nation…

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