FATF SIGNALS PROGRESS BUT GIBRALTAR STAYS ON ‘GREY LIST’

On 24 February, the Gibraltar Chronicle reported that FATF said Gibraltar had taken steps to strengthen the effectiveness of its regime to tackle money laundering and terrorist financing.  However, it said Gibraltar should continue work to show it can pursue confiscation judgments “commensurate with the risk and context of Gibraltar”.  It had been added to the list in June 2022.

https://www.chronicle.gi/fatf-signals-progress-as-gibraltar-tackles-grey-list-action-points/

https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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