https://vinciworks.com/blog/fatf-grey-list-updates-why-was-bulgaria-added/
What kind of consequences for residents ?
What kind of consequences for residents ?
Bulgaria added to Fatf greylist
- Thread starter Bill D
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depends, but since its in eu, prob not much. The world also got used to these nonsense powergames and blackmailing.
some seem to be still intimidated by these fatf blackmailing attempts.
In such a case you/your friends have no other choice than looking for replacement, either the structure itself or the agents or find a different way to achieve what you are doing.
As Panamanian, Ive dealt a few years with the fatf (financial action terrorist farce) blackmailing lists for years. The global one world gov institutions︀ are highly annoying but pretty useless in the end as well. Every problem has its︁ solution and training keeps one fit and young.
In such a case you/your friends have no other choice than looking for replacement, either the structure itself or the agents or find a different way to achieve what you are doing.
As Panamanian, Ive dealt a few years with the fatf (financial action terrorist farce) blackmailing lists for years. The global one world gov institutions︀ are highly annoying but pretty useless in the end as well. Every problem has its︁ solution and training keeps one fit and young.
It varies from none to devastating. The list by itself doesn't mean much. It's the reasoning behind being on that last and how severe it is.
When it's bad, it means financial services involving that jurisdiction become much more challenging: more documents requested, banks are quicker to pull the trigger on closing accounts, et cetera.
When it's bad, it means financial services involving that jurisdiction become much more challenging: more documents requested, banks are quicker to pull the trigger on closing accounts, et cetera.
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