tawandamusarurwa
Online Reporter
Zimbabwe has been removed from the Financial Action Task Force (FATF)’s grey list of countries that were considered not to be in full compliance of Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) standards.
“The FATF congratulated Zimbabwe for the significant progress it has made in addressing the strategic AML/CFT deficiencies previously identified by the FATF and included in its action plan,” said FATF in a statement.
“Zimbabwe will no longer be subject to the FATF’s increased monitoring process. This comes after the country received an on-site visit.
Online Reporter