FATF removes Barbados, Gibraltar, UAE and Uganda from its ‘Grey List’ and these countries will no longer be subject to increased monitoring

In order to be removed from FATF monitoring, a jurisdiction must address all or nearly all the components of its action plan. Once the FATF has determined that a jurisdiction has done so, it will organise an on-site visit to confirm that the implementation of the necessary legal, regulatory, and/or operational reforms is underway…