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Pakistan to remain in FATF grey list

Pakistan to remain in FATF grey list
Highlights

Following a key plenary here, the Financial Action Task Force (FATF) on Friday announced to keep Pakistan in the grey list.

Paris: Following a key plenary here, the Financial Action Task Force (FATF) on Friday announced to keep Pakistan in the grey list. The announcement was made by FATF president Xiangmin Liu.

The global watchdog for terror financing and money laundering had placed Pakistan in the grey list of countries responsible for terror-financing in June 2018, presenting Islamabad with a 27-point action plan to adopt strict anti-money laundering measures till September 2019.

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