FATF delisting of African nations a transactional move, says analyst
Organisation rejects suggestion that political factors were behind countries being taken off ‘grey list’
The decision by the Financial Action Task Force to take four African nations off its ‘grey list’ was transactional and motivated by politics, an analyst tells Central Banking.
On October 24, the FATF announced that Burkina Faso, Mozambique, Nigeria and South Africa would no longer be required to strengthen the effectiveness of their anti-money laundering and counter the financing of terrorism (AML/CFT) frameworks.
Aly-Khan Satchu, a Kenya-based financial commentator and chief executive of the East
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