The announcement was made by FATF Chair, Elisa de Anda Madrazo, at the end of a plenary meeting in which she stressed that "the process of inclusion on the (grey) list is not a punitive measure".
"On the contrary, it is about guiding countries on the path to improvement. All these countries have worked actively with their regional bodies and the FATF to develop an action plan", she added.
In addition to Angola, Côte d'Ivoire, Algeria and Lebanon were included on the "grey list".
This was the Group's first plenary meeting under the chairmanship of Anda Madrazo, and was attended by representatives of more than 200 members of the global network and observer organisations, including the International Monetary Fund, the United Nations, the World Bank, Interpol and the Egmont Group of Financial Intelligence Units.
The FATF explains on its electronic portal that when it places a jurisdiction under enhanced monitoring, it means that the country has committed to quickly addressing the strategic deficiencies identified within the agreed deadlines and is subject to enhanced monitoring.
