Turkey removed from FATF 'gray list' due to progress on money laundering, boosting foreign capital prospects.

Turkey has been removed from the Financial Action Task Force's (FATF) 'gray list' of countries requiring increased monitoring due to its progress in tackling money laundering and terrorist financing. This decision is expected to boost Turkey's prospects for attracting foreign capital. Turkey's removal from the list follows Jamaica, which was also taken off the 'gray list' due to its significant progress on compliance.

June 28, 2024
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