What is FATF rating?
FATF rating is the assessment of a country’s compliance with its 40 Recommendations to strengthen global AML/CFT measures.
This assessment is conducted through peer reviews of each member to provide an in-depth analysis of each country’s AML/CFT framework.
If the analysis finds strategic deficiencies, a country can be placed on the grey list or black list of the FATF.
Here is the article providing a comprehensive understanding of the FATF grey list.