FATF keeps Panama and Bahamas on the grey list and adds Iceland

Pedro Gonçalves
clock • 2 min read

The global body leading the fight against terror financing  have retained the Bahamas, Pakistan, Panama, and Trinidad and Tobago as jurisdictions with strategic anti-money laundering (AML) deficiencies and added Iceland to the grey list. Iceland, Mongolia and Zimbabwe were also added to the grey list. At the same time, Ethiopia, Sri Lanka and Tunisia were removed from the list, after having improved their anti-money laundering policies. FATF is an intergovernmental organization, founded in 1989 to develop policies to combat money laundering. In 2001 its mandate expanded to include ter...

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