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The Financial Action Task Force took Malta off a watchlist of countries with lax anti-money laundering regimes Friday, and took steps to restrict Russia's role and influence in the organization in response to the country's brutal invasion of Ukraine. Marcus Pleyer, the outgoing president of FATF, said at a press conference in Berlin that Malta had been deleted from the intergovernmental group's "gray list" of jurisdictions with strategic AML deficiencies after making significant progress in addressing persistent weaknesses in its defenses against financial crime. Malta became the first EU nation to make the list in June 2021 following a damning...