Namibia says it is being removed from financial crime watchdog’s ‘grey list’ (opens original article in a new tab)

Namibia has been removed from the FATF grey list after implementing reforms to strengthen financial crime controls, following an on-site assessment that found most deficiencies addressed.

• Namibia was removed from the FATF grey list after reforms to financial crime controls.
• FATF announced the removal at a plenary meeting on Friday.
• Namibia was placed on the grey list in February 2024 due to 13 deficiencies in anti-money laundering systems.