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Watchdog FATF Places Lebanon On Financial Crime Watchlist
Two financial sources report that the Financial Action Task Force (FATF) has added Lebanon to the global “grey list.”
This listing places Lebanon under increased monitoring for its financial practices and compliance with international standards for combating money laundering and terrorism financing.
Lebanon has been in a financial crisis since 2019 and now faces growing damage from Israeli airstrikes and ground operations against Hezbollah.
A source said that the war had led the FATF to give Lebanon until 2026 instead of 2025 to address the issues that led to its “grey listing,” including concerns over terrorism financing and a lack of judicial independence.
The “grey listing” is likely to further deter investment in Lebanon and could affect the relationship between some Lebanese banks and the global financial system.
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