FATF excludes Pakistan from grey list
Islamabad: (Staff Reporter) The Financial Action Task Force (FATF) removed Pakistan from its grey list. The decision was made in a meeting of the Financial Action Task Force (FATF), a global money laundering and terrorism financing watchdog, starts a two-day meeting in Paris and is expected to take up removal of Pakistan from a list of countries under “increased monitoring”.
Furthermore in a meeting, in June the FATF said it was keeping Pakistan on the list also known as the “grey list” but said it might be removed after an on-site visit to verify progress.
Moreover last month, Pakistan s foreign office said a FATF technical team had conducted a “successful” visit and Islamabad was expecting a “logical conclusion” of the evaluation process in October.




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