Gibraltar re-added to the FATF white list.

We are delighted to announce that, following the latest FATF Plenary held in Paris this week FATF Week February 2024 (fatf-gafi.org), Gibraltar has been officially removed, effective immediately from the FATF's list of jurisdictions under increased monitoring, commonly referred to as the "grey list." Whilst there are no ‘lists’ as such, countries have their own dedicated coverage on the FATF website, including Gibraltar. Gibraltar is now, therefore, on the FATF whitelist. 

The announcement was made at the FATF’s press conference earlier this afternoon.

This outcome is the result of concerted efforts across various sectors in Gibraltar to further enhance our anti-money laundering and counter-terrorist financing frameworks. The FATF's decision acknowledges the significant progress made by Gibraltar in addressing the areas for improvement it had previously identified. The decision also showcases our long-term commitment to upholding the highest standards of compliance and integrity and our commitment to continue to decisively respond to the challenges of a dynamic global compliance environment.

For more detailed information on the changes and how they might affect our operations or your business, please feel free to reach to your contact at Hassans or, alternatively, reach out to Selwyn Figueras on selwyn.figueras@hassans.gi.

Click the following link for more general and up to date information on Gibraltar's Financial Action Task Force (FATF) Status

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