 on Friday said it was adding South Africa and Nigeria){kind=link}
International financial crime watchdog the Financial Action Task Force (FATF) on Friday said it was adding South Africa and Nigeria to its so-called “grey list” of countries under special scrutiny to implement standards to prevent money laundering and terrorism financing.
The FATF is an inter-governmental organisation that underpins the fight against money laundering and terrorism financing by setting global standards and checking if countries respect them.
Paris-based FATF said the two countries were added to its list following a review.