Pakistan is on the gray list
of the FATF for the second time.
BAGHDAD (NINA) - Turkish interior ministry said "Two PKK militants, including a leader on the "gray list
" of those wanted, have been killed in a military operation southeast of the country,." The ministry said in a statement that Mohammed Shirin Arslan, nicknamed "Chiktar", is one of the two gunmen killed earlier on Sunday in Gabar Mountain in the state of Chernak.
Pakistan is likely to be removed from the gray list
though FATF may make some observations urging Islamabad to remain vigilant and continue to strengthen its anti-money laundering and counter-terrorism financing regime.
Islamabad has been on the global money laundering watchdog's radar since June 2018, when it was placed on a gray list
for terrorist financing and money laundering risks after an assessment of the country's financial system and security mechanism.
The European Economic and Financial Ministries (EU), the Ecofin, meeting this Tuesday, have agreed that the Principality of Andorra will definitively leave the gray list
of tax havens.
Mohammad Faisal said that name of Pakistan was not included in Gray List
'The FATF plenary session has just finished in Paris and we have received extremely important and positive news for all citizens of BiH and for businesses that operate not only within BiH, but also with foreign countries, that BiH has been delisted or removed from FATF's "gray list
", with which we have completely eliminated all the shortcomings BiH had in its system regarding the fight against money laundering and financing of terrorism,' Chairman ZvizdiA told FENA and FTV.
If the recommendation were confirmed by EU ministers, the eight jurisdictions will be moved to a so-called gray list
which includes those who have committed to change their rules on tax transparency and cooperation.
THE CHIEF of the Securities and Exchange Commission fears that the Philippines may slip back to the gray list
of the Paris-based Financial Action Task Force (FATF) on money laundering due to a regulatory loophole that spares casinos from tight monitoring.
The Prime Minister of Kyrgyzstan received a letter from FATF President recently, which warns Kyrgyzstan to improve the national legislation to combat money laundering and financing of terrorism or extremism, otherwise the country bay be put on a dark gray list
of FATF in June, State Financial Intelligence Service expert Chingiz Kenenbaev said at the round table discussion on April 26.
Luxembourg has finally been removed from an Organisation for Economic Cooperation and Development (OECD) gray list
' of tax havens after it signed a double information-sharing agreement with Norway, on 8 July.
Reduction of the gray list
of tax treaties would be eliminated.