Financial Action Task Force updates “grey list”
Bolivia and BVI added to the grey list; Croatia, Mali, and Tanzania removed
The Financial Action Task Force (FATF) on June 13, 2025, announced that Bolivia and the British Virgin Islands have been added to its “grey list” of jurisdictions under increased monitoring.
The FATF also announced that Croatia, Mali, and Tanzania were removed from the grey list for positive progress in addressing strategic anti-money laundering and countering the financing of terrorism and proliferation financing (AML/CFT/CPF) deficiencies. These jurisdictions will no longer be subject to the FATF’s increased monitoring process.
Read a June 2025 report prepared by the KPMG member firm in the Crown Dependencies