Iceland Announces Removal from FATF Grey List

Iceland's government has announced its removal from the FATF grey list on 23 October 2020. The removal was decided during the annual general meeting of the FATF.
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At its Annual General Meeting the International Financial Action Task Force on Anti-Money Laundering and Terrorist Financing (FATF) has today decided that Iceland will be removed from the list of countries with inadequate protection against money laundering and terrorist financing, commonly referred to as the 'grey list'.
The…