What is the FATF greylist impact?

What is the FATF greylist impact?

Being included in the FATF grey list impacts a country in the following ways:

• It faces reputational damage in the international financial market
• It faces increased scrutiny in its cross-border transactions.
• It faces difficulties in getting loans or investments from international financial organisations and markets
• It faces international pressure to reform its AML/CFT regime
Here is the article providing a comprehensive understanding of the FATF grey list.