17
Feb
Staff Writer Namibia has made progress in addressing concerns raised by the Financial Action Task Force (FATF) after it was placed on the FATF grey list. The government said in an update that the country continues to implement reforms to strengthen its anti-money laundering and counter-terrorism financing framework in line with FATF recommendations. Finance Intelligence Centre (FIC) director Bryan Eiseb said Namibia remains under increased monitoring while it works to complete its agreed action plan. Namibia was greylisted by the FATF Plenary on 23 February 2024 due to concerns about gaps in the effective implementation of international anti-money laundering, combating…
