Global anti-money laundering watchdog The Financial Action Task Force (FATF) has added Gibraltar to its ‘grey list’, a list of jurisdictions placed under increased monitoring.
Jurisdictions under increased monitoring are working with FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
The anti-money laundering body recognised that Gibraltar had made some progress in combating some of these issu...