Libya Removed From FATF List.

Tripoli, 22 February 2018(Lana) The Central Bank of Libya congratulated the President of the Presidency Council and the Minister of Justice for their effort which culminated in lifting Libya from the list of 'non-cooperative countries and territories.' The bank said the decision by the Financial Action Task Force FARF to remove Libya from the non-coopering countries list will have positive impact and reinforces confidence of international economic and financial institutions in Libya's financial and banking institutions. The decision indicates that FATF recognizes Libya's compliance with international standards for fighting money laundering and financing of terrorism, the Bank said. =Lana=