Turkey removed from FATF money laundering grey list ...Kuwait

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Turkey removed from FATF money laundering grey list
The international crime watchdog Financial Action Task Force (FATF) removed Turkey from its "grey list" of countries that require special scrutiny on Friday, in a boost to the country's economic turnaround plan. Turkey was downgraded to the "grey list" in 2021 on concerns about money laundering and terrorist financing. The latest move came after an FATF team recently held meetings with Turkish authorities to assess progress in addressing those worries. Turkey has made "significant progress" in improving its regime of anti-money laundering and combating the financing of terrorism, the Paris-based body said in a statement after its plenary meeting in Singapore. Turkish

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