UK Government follow suit and remove Gibraltar from HM Treasury's list of High Risk Countries for AML.

Following the latest FATF Plenary, which concluded on Friday last week and where Gibraltar was officially removed from the FATF's list of jurisdictions under increased monitoring (commonly referred to as the “grey list.”), it has now also been been confirmed that the UK Government has removed Gibraltar from HM Treasury's list of High Risk Countries for AML.

Following the FATF announcement, the Council of Europe´s anti money laundering and counter terrorist financing body MONEYVAL also passed on their congratulations with MONEYVAL's Chair, Nicola Muccioli, stating: 

"On behalf of MONEYVAL, I would like to warmly congratulate Gibraltar for their tremendous progress in a short time period to improve the effectiveness of its AML/CFT regime. MONEYVAL will continue working with Gibraltar through its follow-up process to successfully continue to further strengthen this regime."

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