GeneralMedium•30 October 2026•
1 min read
FATF Removes Monaco from Grey List Following Compliance Progress
Key Facts
1The Financial Action Task Force (FATF) removed Monaco from its grey list of countries under enhanced monitoring on Friday.
2The decision follows Monaco's completion of an action plan covering asset seizure and stronger sanctions enforcement.
The Financial Action Task Force (FATF) removed Monaco from its grey list of countries under enhanced monitoring on Friday, October 30, 2026. Nice-Matin reported that the decision follows the principality's exit from over two years of scrutiny regarding deficiencies in its anti-money laundering and terrorist financing frameworks.
The decision follows Monaco's completion of an action plan that addressed six key areas, specifically focusing on improving asset seizure mechanisms and strengthening sanctions enforcement. The removal is expected to reduce compliance costs and reputational risks for Monaco's financial sector, facilitating smoother international capital flows.