Bulgaria Moves Closer to Removal From Global Money Laundering Watchlist After Major Reform Push - Novinite.com - Sofia News Agency

Bulgaria has received a major positive assessment in its efforts to combat financial crime after implementing all 40 recommendations of the Financial Action Task Force (FATF), according to a report published by MONEYVAL and announced by the Ministry of Justice. The development marks a significant milestone in Bulgaria’s long-standing effort to exit the FATF “grey list,” a designation reserved for jurisdictions under increased monitoring due to strategic weaknesses in preventing money laundering, terrorist financing, and proliferation-related financial risks.

Raccontata danovinite.com