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REVEALED: Spanish government is assisting Morocco in its attempts to be freed from FATF ‘grey list,’ Madrid confirms

Premium February 3, 2023

SUCCESS: The Spanish government assisted Morocco get off the FATF watchlist. Photo shows Spain's Prime Minister Pedro Sanchez and historian of the Kingdom of Morocco and spokesman for the Royal Palace Abdelhak Lamrini arrive at Mausoleum of Mohammed V in Rabat, Morocco, February 2, 2023. Moncloa Palace/ Fernando Calvo/Handout via REUTERS.

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By AML Intelligence Correspondent

THE SPANISH government is assisting Morocco in its efforts to get off FATF’s watchlist later this month.

Officials in Madrid confirmed that Spain is discussing how to remove Morocco from the so-called “grey list” of money laundering countries.

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INSIGHT: Compliance managers see €15K rise in salary to €85K; CCOs earning €195K – report

 Premium

NEWS: UAE, Gibraltar set to remain on EU’s ‘high risk’ watchlist until September at earliest

 Premium

LATEST: European Parliament officially adopts Europe’s new AML laws and establishment of AMLA

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