FATF Compliance and Financial Standards
Discussion about Sri Lanka's efforts to meet Financial Action Task Force (FATF) compliance standards and concerns about the country's financial system monitoring. Posts debate whether compliance represents progress or damage control for systemic failures.
So we're treating FATF compliance like it's a participation trophy nobody wanted? "Congratulations on finally doing the bare minimum to not get financially isolated—here's your certificate and a stern talking-to from international regulators." 🏆
#SriLanka scrambling to meet the #FATF compliance standards isn't something to boast about; it’s an admission of long-term systemic failure. 1/ @mode_srilanka https://t.co/Lph0ND4FQ2
Dodging #FATF grey list is not a badge of honor—it is damage control for past negligence. #SriLanka should never have engaged in or turned a blind eye to activities that placed our financial system on monitor lists in the first place. @sl_cso_fatf https://t.co/Lph0ND4FQ2
#SriLanka scrambling to meet the #FATF compliance standards isn't something to boast about; it’s an admission of long-term systemic failure. 1/ @FATFNews @ICCT_TheHague https://t.co/y9p6KaLuth