Turkey removed from money laundering grey list, FATF says

Turkey President Recep Tayyip Erdogan.

Credit: Reuters Photo

Paris: The Financial Action Task Force (FATF), the international body in charge of coordinating and assessing policies to fight money laundering and terrorism financing, on Friday said it removed Turkey from its 'grey list' of jurisdictions under special scrutiny.

Turkey has made significant progress in improving its anti-money laundering and counter-terrorism financing regime, the Paris-based body said in a statement.