RBI Directs Regulated Entities to Revise AML and CFT Protocols Following Updated FATF Lists
As of the June 2026 revision, the intergovernmental body added Bosnia and Herzegovina, and Iraq to its 'Grey List' (jurisdictions under increased monitoring).
Conversely, the nations of Algeria and Namibia were successfully removed from the FATF Grey List after meeting the necessary anti-money laundering and counter-terror financing compliance metrics.
Financial institutions must immediately update their Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) procedures to prevent regulatory non-compliance.
Key Facts / Static GK
FATF Lists: Black List (High-Risk Jurisdictions Subject to a Call for Action) and Grey List (Jurisdictions Under Increased Monitoring)
Practice Quiz — 17 July 2026
Q1. Which of the following statements is/are correct regarding the PARIVARTAN Scheme? 1. The scheme's operational guidelines have been approved by the Ministry of Road Transport and Highways. 2. Old vehicles in the NCR will be replaced with BS-VI compliant models or Electric Vehicles. 3. The National Capital Region Planning Board serves as the funding agency for this scheme.
Q2. What is the weightage assigned to the 'Usage' dimension in the Reserve Bank of India's Financial Inclusion Index?
Q3. Which entity is responsible for managing the India-Japan Fund, which recently announced an investment of 200 crore rupees in Ather Energy?
Q4. Which airline operated the first international flight connecting Navi Mumbai International Airport with Abu Dhabi?
Q5. Which of the following nations were removed from the Financial Action Task Force Grey List in the June 2026 revisions?
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