Namibia greylisted by the Financial Action Task Force

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Namibia has been greylisted by the Financial Action Task Force (FATF) because of concerns over the effectiveness of some of its compliance standards with anti-money laundering, combating the financing of terrorism, and combating proliferation financing provisions.

In 2022, Namibia underwent evaluation by FATF, during which shortcomings in the effectiveness of compliance were identified.

Namibia was given 12 months until the end of October 2023.