1355World Current AffairsMedium
Recently which of the following African country has been listed in FATF’s Grey list? (As reported on 12 March 2020)
AMauritius
BEthiopia
CKenya
DZimbabwe
Correct answer
A. Mauritius
Explanation
Mauritius has joined Pakistan on the “grey list” of the Financial Action Task Force (FATF), an inter-governmental body which sets anti-money laundering standards. The development is a body blow to the country, which has been trying hard to shed its image as a quasi-tax haven in the recent past.