The Financial Action Task Force (FATF) announced that it was removing Jamaica and Turkey from the list of high-risk jurisdictions for money laundering and terrorist financing (AML/CFT) on Friday 28 June at the press conference closing its plenary session in Singapore.
The FATF has assessed that Jamaica and Turkey have taken substantial steps to improve their AML/CFT regimes in accordance with their Action Plans. While the former is on the EU list of high-risk third-country jurisdictions...