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Syria Placed on FATF Grey List: What Is the Exit Strategy?
Original: Syria on FATF’s Grey List: What Is the Exit Strategy?
Syria has been added to the Financial Action Task Force's grey list, a designation for jurisdictions under increased monitoring for deficiencies in combating money laundering and terrorist financing. The placement subjects Syria to heightened scrutiny of its financial system, and analysts and commentators are now debating what steps Damascus would need to take — and how long it could take — to exit the list.
Why now: Syria's placement on the FATF grey list is new and carries major implications for its banking sector, sanctions environment and reintegration into the global financial system.
SyriaFinancial Action Task Force (FATF)
Evidence
- Syria on FATF’s Grey List: What Is the Exit Strategy? · Enab Baladi
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