Basel AML Index briefing: Panama's delisting from the FATF grey list
A Basel AML Index briefing following the decision of the Financial Action Task Force (FATF) to remove Panama from its list of jurisdictions under increased monitoring (“grey list”) in October 2023.
The briefing covers the main issues that led to Panama being grey-listed in June 2019, the action plan developed to address them, and publicly available data on how it was implemented.
About jurisdiction briefings
As part of the FATF assessment process, a jurisdiction may be placed on a “grey list” (subject to increased monitoring) or “black list” (a high-risk jurisdiction subject to a call for action). This follows identified failings in how the jurisdiction addresses its money laundering and terrorist financing risks. Being placed on the FATF’s grey or black lists has a negative impact on a jurisdiction’s investment climate, trade and capital flows.
The Basel AML Index Expert Edition dashboard highlights a jurisdiction’s placement on the FATF grey or black lists for informational purposes, but these lists are not used when calculating its overall risk score.
As an additional service, from June 2022 the Basel AML Index started to publish special briefings on jurisdictions delisted from the grey or black lists.
Learn more about the Basel AML Index at: index.baselgovernance.org
Links and other languages
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