Namibia exits FATF grey list after reforms

WINDHOEK, June 23 — Namibia has been removed from the Financial Action Task Force’s (FATF) list of jurisdictions under increased monitoring, commonly known as the grey list, after completing reforms to strengthen its anti-money laundering and countering the financing of terrorism and proliferation framework, Finance Minister Ericah Shafudah said on Tuesday.

Speaking at an event in Windhoek, Shafudah said Namibia‘s removal from the list on June 19 was a major national milestone, reflecting political commitment, coordinated institutional efforts and sustained implementation of international financial standards.