Mauritius Out of the FATF ‘Grey List’

Mauritius has come out of the ‘grey list’ of the Financial Action Task Force (FATF), an intergovernmental policy body that sets anti-money laundering standards. Now Turkey is on FATF Grey list. After Mauritius was put on the grey list by FATF in February 2020, Reserve Bank of India (RBI) had blacklisted the tax haven and …

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Turkey on FATF Grey list, Jordan and Mali were also there

The Financial Action Task Force (FATF) has added its ally Turkey to the list, in a double blow for Islamabad which depended on Ankara’s support to avoid entry into the blacklist earlier. Jordan and Mali were also added to the grey list. FATF denied that it acted under Indian pressure to keep Pakistan in the …

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What is FATF? (FATF stands for Financial Action Task Force)

The Financial Action Task Force (FATF) is an inter-governmental body set up in 1989 to combat money laundering, terror financing and other related threats to the international financial system. They also help to establish policies and coordinate national efforts to ensure compliance with this objective by governments and the private sector. Currently, it has 39 …

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