Venezuela and Monaco on FATF’s “Gray List” of Tax Havens

The Financial Action Task Force (FATF) placed Venezuela and Monaco on its “gray list” for insufficient progress in curbing illicit financial flows. However, Jamaica and Turkey have been removed for their significant progress in addressing the strategic AML/CFT deficiencies. The decision follows discussions and a vote at FATF’s plenary session in Singapore. FATF included these […]