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اقتصاد
Syria's FATF Status Test
Syria is working to strengthen its anti-money laundering and counter-terrorist financing framework in cooperation with the World Bank and the International Monetary Fund. Efforts include assessing risks, reviewing legislation, and improving banking procedures and payment systems, alongside a national strategy launched in July 2026. A mutual evaluation of the framework is scheduled to begin in mid-2027, paving the way for consideration of Syria’s removal from the grey list. However, one expert said addressing the framework’s shortcomings would likely take additional time, given the limited number of correspondent banking relationships and the need to build supervisory capacity. Removal from the list could lower transfer costs, improve banking relationships, and make trade and investment financing more accessible.
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