Pak Remains On FATF s Grey List Amid Deficiency In Checking Terror-Financing Serious deficiency on the part of Pakistan in checking terror-financing and it is yet to demonstrate taking action against the UN-designated terrorists and their associates , says FATF
Pakistan continues to remain on the increased monitoring list ,or the Grey List . Outlook Web Bureau 2021-02-26T10:01:04+05:30 Pak Remains On FATF s Grey List Amid Deficiency In Checking Terror-Financing outlookindia.com 2021-02-26T10:06:46+05:30
Pakistan continues to remain on the Grey List of the global body, Financial Action Task Force or the FATF against money-laundering and terror-financing. There are serious deficiencies on the part of the country in checking terror-financing and it lacks an effective system to deal with it, said FATF on Thursday during its plenary in Paris
Not Blacklisted, Pakistan Continues To Be In FATF Grey List kashmirlife.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kashmirlife.net Daily Mail and Mail on Sunday newspapers.
Indicating status quo of being on FATF s grey list , the global body against money laundering and terror financing on Thursday said Pakistan will continue to remain on increased monitoring list as there are serious deficiencies in checking terror financing and the country lacks an effective system to deal with it. After its meeting, Marcus Pleyer, president of Paris-based Financial Action Task Force (FATF), said the deadline given to Pakistan has already expired and asked Islamabad to address their concerns as quickly as possible . To date, Pakistan has made progress across all action plan items and has now largely addressed 24 of the 27 action items. As all action plan deadlines have expired, Pleyer said in Paris at the end of its plenary session.
Pakistan PM Imran Khan
NEW DELHI: Pakistan will continue to remain in the grey list of Paris-based Financial Action Task Force as it failed to fully implement all the points of a plan of action set by it to curb terror activities.
The anti-terror watchdog said that Pakistan has now largely addressed 24 of the 27 action items and urged Islamabad to swiftly complete its full action plan before June 2021.
FATF had placed Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action to curb money laundering and terror financing by the end of 2019 but the deadline was extended later on due to Covid-19 pandemic.