Source-linked briefing Business

FATF Adds Iraq and Bosnia and Herzegovina to Grey List, Removes Algeria and Namibia

FATF Adds Iraq and Bosnia and Herzegovina to Grey List, Removes Algeria and Namibia

The Financial Action Task Force placed Iraq and Bosnia and Herzegovina under increased monitoring, citing shortcomings in combating money laundering and financial crime. Algeria and Namibia were removed from the list, reflecting improvements in their regimes.

Original headline

BREAKING: Iraq and Bosnia/Herzegovina added to FATF grey list, Algeria and Namibia removed