FATF Grey List Update: 25th October 2024 Impact on Businesses
On 25th October 2024, the Financial Action Task Force (FATF) published its updated Grey List, identifying countries with strategic deficiencies in their anti-money laundering (AML) and counter-terrorist financing (CTF) frameworks. This update is significant for businesses that operate in or transact with countries on the Grey List, as it may lead to increased scrutiny, compliance […]