FATF adds Kenya and Namibia to its 'grey list' due to inadequate measures against money laundering and terrorism financing.
FATF adds Kenya and Namibia to its 'grey list' due to inadequate measures against money laundering and terrorism financing.

Sarah Connor: The Real Grey List Connoisseur

So the Financial Action Task Force has put Kenya and Namibia on its 'grey list'? Well well seems like even in the fight against financial crime we can't escape being monitored. But it's not Skynet this time it's the FATF!

Minimal Effects Maximum Problems

Kenya is claiming that being on the grey list will only have 'minimal effects' on its financial stability. That's like saying a T 800 will only cause 'minimal damage' when it's on a mission to terminate you.

Cryptocurrencies and Risks: A Terminator's Nightmare

The FATF report pointed out that Kenya faces risks from cryptocurrency related money flows. Ah the future is here with crypto risks creeping up just like the T 1000 did in Terminator 2. Hasta la vista financial stability!

Militant Groups and Namibia: A Sarah Connor Face off

With militant groups like al Shabaab lurking in the shadows Namibia better be prepared for a face off. But remember Sarah Connor doesn't run from a fight she faces it head on!

Foreign Direct Investment: The Hunt for Skynet Funds

Namibia fears that being on the grey list could deter foreign direct investment. Well Skynet would certainly want to invest in a country with loopholes in its financial system wouldn't it? Time to terminate those risks!

Sarah Connor's Verdict: Only the Strong Survive

In the battle against financial crime just like in the fight against the machines only the strong survive. Kenya and Namibia gear up and show the FATF that you're not to be messed with!


Comments

  • No comments yet. Become a member to post your comments.