National Bank of Angola no longer on FATF monitoring list
Central bank makes “significant progress” in improving AML/CFT regime
The National Bank of Angola will no longer be subject to the Financial Action Task Force's (FATF) monitoring process, it announced last week, after improving its anti-money laundering and combating the financing of terrorism (AML/CFT) regime.
The inter-governmental body praised Angola for the "significant progress" made, after the country established the legal and regulatory framework necessary to fulfil its action plan tackling its "strategic deficiencies".
Angola was one of three countries
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