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2 clusters · 57 sources · 3 days · First seen · Last updated

FATF grey list status changes for several nations

Overview

The Financial Action Task Force (FATF) officially removed Bulgaria, Monaco, Côte d’Ivoire, and the Democratic Republic of the Congo (DRC) from its grey list of jurisdictions under increased monitoring. This decision followed a plenary meeting in Paris where on-site visits confirmed these nations had completed required action plans.

In Bulgaria, the removal is viewed as a step toward joining the OECD, while Monaco ends approximately 28 months of monitoring after strengthening its financial intelligence unit. In Côte d’Ivoire and the DRC, the removal is expected to reduce financial friction for investors and banks.

Regarding Côte d’Ivoire, the FATF announced its removal on October 30, 2026, following two years of reforms aimed at strengthening systems against money laundering and terrorist financing. The FATF stated the country successfully completed its action plan, with an on-site evaluation confirming progress in financial investigations, improved oversight of financial institutions, and enhanced international cooperation. The Ivorian government, led by President Alassane Ouattara, characterized the decision as international recognition of its reform policies. Officials noted the removal serves as a call to maintain reform momentum in collaboration with the Intergovernmental Group on Action against Money Laundering in West Africa (GIABA).

Despite the regulatory milestone, Côte d’Ivoire has faced reports of a corruption scandal within its Economic and Financial Criminal Division (PPEF). Allegations include a network allegedly trading convictions and releases, with investigators reportedly identifying bank accounts in Dubai, Geneva, and Mauritius. Justice Minister Jean Sansan Kambilé has refuted these claims as baseless.

Entities

Democratic Republic of the Congo · Financial Action Task Force · Alassane Ouattara · Ecobank Transnational Incorporated · FATF

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 18 sources
    Côte d'Ivoire removed from FATF grey list

    Côte d'Ivoire has been removed from the FATF grey list after completing a reform action plan to combat money laundering and terrorism financing.

  2. [INTERNATIONAL] 44 sources
    FATF removes Bulgaria, Monaco, Côte d’Ivoire, and DRC from grey list

    The FATF has removed Bulgaria, Monaco, Côte d’Ivoire, and the DRC from its grey list after they successfully completed action plans to combat money laundering and corruption.

Sources

2822news.com · abidjan4all.info · abidjantv.net · actulome.com · afrikactus.com · afriveille.com · agpgabon.ga · aip.ci · antaranews.com · antigua.news · clubz.bg · congoactu.cg · congointer.info · connectionivoirienne.net · correiokianda.info · criptoinforme.com · dariknews.bg · devdiscourse.com · diariandorra.ad · economedia.ro · election-net.com · europesays.com · fakti.bg · fameennews.info · financesao.com · foxtime.cd · horonyafinance.com · impact.sn · infocotedivoire.com · informateur.ci · intellivoire.net · it-bg.org · japannewsagency.com · lebanco.net · lecontinentmagazine.com · lejecos.com · lemarche.finance · lindaberens.com · man-info.net · minutes-eco.com · moreto.net · nasuba.info · novini247.com · nzadinews.net · octeam.fr · oeildafrique.com · onlybenki.com · otomobil.haber3.com

This summary has been updated 1 time: see revision history