FATF Adds Kuwait, Papua New Guinea to Increased Monitoring List
The Financial Task Force (FATF) placed Kuwait, and New Guinea to its list of jurisdictions under increased monitoring, which is often referred to as ‘Grey List’, thereby bringing the total number of the countries in the list to 22.
The Financial Task Force (FATF) placed Kuwait, and New Guinea to its list of jurisdictions under increased monitoring, which is often referred to as ‘Grey List’, thereby bringing the total number of the countries in the list to 22.
- The decision was taken during the 5th FATF Plenary meeting under the Presidency of Elisa de Anda Madrazo (Mexico) from February 09 to February 13, 2026 in Mexico City, Mexico.
Key Details:
Key Reasons: The agency noted strategic deficiencies in these countries to curb money laundering, terrorist financing, and proliferation financing.
Grey List: The Grey list identifies countries with strategic deficiencies in their Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) system.
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