Official reports from the Statistical Institute of Jamaica or the World Bank

Turkey and Jamaica Removed from FATF 'Grey List', Boosting Foreign Capital Prospects

Jun 28, 2024, 09:05 AM

Turkey has been removed from the Financial Action Task Force's (FATF) 'grey list', which includes countries under increased scrutiny for illicit money and terrorism funding. This decision is expected to enhance Turkey's efforts to attract foreign capital. Turkish Finance Minister Mehmet Simsek announced the success, emphasizing the country's significant progress in improving its anti-money laundering and counter-terrorism financing regime, as reported by Turkish media. Jamaica has also been removed from the 'grey list'.