Event: iACT iTalk Video Series How to Exit the FATF Grey List: 3 Lessons from Mongolia 24 September 2020 Author / Speaker Declan Magee ADB Senior Country Economist Declan Magee talks about the economic impacts of being included in the Financial Action Task Force's (FATF) black list or grey list. He recommends three ways to adopt FATF standards to strengthen governance and financial systems, and to exit the grey list. He was part of the ADB team who supported Mongolia's exit from the grey list within 12 months, a new standard in Asia and the Pacific. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Topics ADB Administration and Governance