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Pakistan unlikely to exit 'grey list' as FATF meets to decide its fate


UPDATED: February 22, 2021 04:46 IST
Pakistan PM Imran Khan. The Paris-based Financial Action Task Force had placed Pakistan on the grey list in June 2018 (File photo)
Pakistan is unlikely to exit the grey list’ of the FATF as some European countries have taken the stand that Islamabad has not fully implemented all the points of a plan of action set by it, a media report said on Sunday, on the eve of the plenary meeting of the global watchdog for money laundering and terror financing.
The Paris-based Financial Action Task Force 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. ....

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