The Financial Action Task Force on Money Laundering (FATF) has removed Ukraine and Egypt from the "black list". This is reported by the organization's official website. \n \nAccording to the report, both countries were removed in connection with their implementation of significant reforms. \n \n"It is obvious that the 'black list' works, and countries are taking significant measures to clean up financial systems," the website quotes FATF President Claes NORGREN as saying. \n \n"This is good news for Ukraine, Egypt and the international community," the FATF president added. \n \nThe FATF "black list" includes countries whose legislation does not comply with international standards for combating money laundering. \n \nCurrently, the Cook Islands, Guatemala, Myanmar, Indonesia, Nauru, Nigeria and the Philippines remain on the "black list".