In Brief: Antilaundering Group Expands Nation List

WASHINGTON - An international money laundering watchdog organization added Grenada and the Ukraine to its list of countries with weak laws to combat dirty money.

The Financial Action Task Force on Money Laundering also announced that Russia, Nauru, and the Philippines had failed to meet its demand of enacting meaningful anti-laundering laws by Sept. 30, and that as a result the three would remain on the list.

The list, which the group says is meant to signal places where banks should take extra precautions in doing business, now has 19 countries. The others are the Cook Islands, Dominica, Egypt, Guatemala, Hungary, Indonesia, Israel, Lebanon, the Marshall Islands, Myanmar, Nigeria, Niue, St. Kitts and Nevis, and St. Vincent and the Grenadines.

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