The Financial Action Task Force (FATF) has announced the removal of Nicaragua and Pakistan from its anti-money laundering grey list of jurisdictions under increased monitoring on 21 October 2022. The decision to remove these jurisdictions was made during the FATF Plenary held 20 to 21 October 2022.
---
Jurisdictions No longer under Increased Monitoring – Nicaragua and Pakistan
Nicaragua
The FATF notes Nicaragua’s progress in improving the elements of its AML/CFT regime covered by its …