Kuwait and Papua New Guinea Make FATF’s ‘Grey List’
The Financial Action Task Force (FATF) added Kuwait and Papua New Guinea to its “grey list” of countries under closer monitoring, saying both have pledged to fix weaknesses in their safeguards against illicit money flows.
FATF Removes South Africa, Nigeria, Mozambique and Burkina Faso from ‘Grey List’
Sub-Saharan Africa’s two largest economies, South Africa and Nigeria, were delisted Friday from a global watchdog’s roster of jurisdictions under increased monitoring for illicit money flows, alongside Mozambique and Burkina Faso.