FATF has put Nigeria and South Africa on the gray list.  Photo social media
FATF has put Nigeria and South Africa on the gray list. Photo social media

The Financial Action Task Force (FATF) has decided to suspend the membership of the Russian Federation.

The FATF meeting was held in Paris, the declaration of which has also been issued.

According to the statement, FATF has decided to suspend the membership of the Russian Federation while Nigeria and South Africa have been put on the gray list.

In the FATF meeting, it was also decided to remove Morocco and Cambodia from the gray list.