- Angola commits to addressing strategic deficiencies to exit FATF’s gray list
- Economist warns of reputational and financial risks affecting Angola’s economy
Luanda, Angola – The Government of Angola has responded to its recent placement on the Financial Action Task Force’s (FATF) gray list, acknowledging unmet requirements from the FATF’s recommendations but pledging swift corrective action. In a statement released last Friday, Angola’s Ministry of Finance confirmed its commitment to implementing the FATF action plan to strengthen the National System for the Prevention and Combating of Money Laundering, Terrorist Financing, and the Proliferation of Weapons of Mass Destruction.
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