The Financial Action Task Force (FATF) removed Barbados, Gibraltar, Uganda, and the United Arab Emirates from its anti-money laundering grey list for increased monitoring during the FATF plenary concluded on 23 February 2024. In a separate update on Jurisdictions under Increased Monitoring, the FATF explains the progress made by each jurisdiction: --- BARBADOS The FATF welcomes Barbados' significant progress in improving its AML/CFT regime. Barbados strengthened the effectiveness of its AML/CFT regime to meet the commitments in its action plan regarding the strategic deficiencies that the FATF identified in February 2020, including (1) demonstrating it effectively applies risk-based supervision for...