23.06.2023, 23:17
Russia was not included in the FATF blacklist
Source: OREANDA-NEWS
OREANDA-NEWS The International Anti-Money Laundering Group (Financial Action Task Force, FATF) did not consider the inclusion of Russia in either the black or gray list, follows from the organization's message published following the plenary session.
At the same time, FATF decided to add Croatia, Vietnam and Cameroon to the gray list. This means that all three countries will come under the increased control of the organization and will have to improve their regimes to combat money laundering and terrorist financing.
As for Russia, the FATF stressed that the military actions that the country is conducting in Ukraine are still contrary to its principles to promote the security, reliability and integrity of the global financial system. The decision to suspend Russia's membership remains in force, according to a press release.
At the same time, FATF decided to add Croatia, Vietnam and Cameroon to the gray list. This means that all three countries will come under the increased control of the organization and will have to improve their regimes to combat money laundering and terrorist financing.
As for Russia, the FATF stressed that the military actions that the country is conducting in Ukraine are still contrary to its principles to promote the security, reliability and integrity of the global financial system. The decision to suspend Russia's membership remains in force, according to a press release.
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