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The Financial Action Task Force added the two largest economies in sub-Saharan Africa to a "gray list" of jurisdictions under increased monitoring, the group announced Friday. South Africa and Nigeria join 21 other nations on the list after failing to address long-term deficiencies in their frameworks against financial crime, FATF President Raja Kumar told reporters at the conclusion of the group's three-day summit in Paris. Morocco meanwhile exited the list Friday after 13 years of increased monitoring, as did Cambodia after 12 years. Kumar, an advisor in Singapore's Home Affairs Ministry who began his two-year term at the helm of...