Global financial watchdog whittles down its country watchlist for money laundering

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The Financial Action Task Force (FATF), an international money laundering watchdog, has removed 10 countries -- Ethiopia, Pakistan, Syria, Turkey, Yemen, Kenya, Tanzania, Nepal, Kyrgyzstan and Mongolia -- from its money-laundering and terrorist financing watchlist. Iran and North Korea continue to head the FATF’s blacklist of countries at high risk of supporting illegal financial activities. Countries that remain on the list and under scrutiny include Indonesia, Myanmar, Ecuador and Algeria.


Read the story by Stella Dawson in Thomson Reuters Foundation.

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