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FATF keeps Pakistan on grey list till June

FATF gives 4th extension to Pakistan to fully implement ‘action plan’ There are still some serious deficiencies that the country needs to address, says FATF President Dr Marcus Pleyer FATF President Dr Marcus Pleyer addresses the webinar. SCREENGRAB ISLAMABAD: The Financial Action Task Force (FATF) on Thursday gave fourth extension to Pakistan to fully implement a 27-point action plan and strongly urged it to meet the remaining three conditions about terror financing investigations and the United Nations Security Council resolutions. Against the government’s hopes of exiting the grey list this time, the FATF plenary found the country’s progress on three out of remaining six points less than satisfactory. Pakistan would remain on the grey list till June 2021, a statement issued by the FATF from Paris saiad.

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