Namibia cleared from international grey list following anti-money laundering upgrades
The country has officially been removed from the Financial Action Task Force (FATF) “grey list” of jurisdictions under increased monitoring. This change stops restrictions on the country’s access to international financial systems. The Minister of Finance, Hon. Ericah Shafudah, announced the exit on Tuesday during a media briefing at the Hilton Hotel, confirming that the […]
Namibia cleared from international grey list following anti-money laundering upgrades
The country has officially been removed from the Financial Action Task Force (FATF) “grey list” of jurisdictions under increased monitoring. This change stops restrictions on the country’s access to international financial systems.
The Minister of Finance, Hon. Ericah Shafudah, announced the exit on Tuesday during a media briefing at the Hilton Hotel, confirming that the FATF had finalised the decision on 19 June.
“This outcome reflects political commitment, national coordination, institutional discipline, and sustained implementation to protect our financial system and align Namibia with international standards,” she said in a statement.
