Panama has been removed from the gray list of financial crime watchdog FATF, a register which includes countries deemed to be doing too little to combat money laundering, according to a government statement on Friday.
Panama’s first stint on the Financial Action Task Force’s (FATF) so-called gray list, which can impact a country’s investment ratings and reputation, was from 2014 to 2016.
It was added back again in 2019.
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