PARIS, February 27, 2004. (RIA Novosti) - Ukraine and Egypt have been removed from the black list of the Financial Action Task Force (FATF) on money laundering, FATF President Claes Norgren told a press conference in Paris.
These countries "took much efforts to purify their financial systems," he said. In this connection, the Financial Action Task Force decided to remove them from the black list at a plenary session in Paris, Mr. Norgren noted.
"This is good news for Ukraine, Egypt and the international community," the FATF President said.
However, FATF will carry out permanent monitoring over the work of systems against money laundering in these countries, he added.