February 25, 2021
1 min read

FATF keeps Pakistan on grey list

The global watchdog has strongly urged Pakistan to swiftly complete its full action plan before June 2021, reports Asian Lite News

In a major blow to Imran Khan-led government, the Financial Action Task Force (FATF), a global watchdog against money laundering and terror financing, has retained Pakistan in the ‘grey list’.

The decision was taken after a three-day meeting of the multilateral watchdog which started on Monday under the German Presidency of Dr Marcus Pleyer.

The global watchdog has strongly urged Pakistan to swiftly complete its full action plan before June 2021. It noted that Pakistan has now largely addressed 24 of the 27 action items.

Mr Pleyer said that Pakistan has made “significant progress” but “some serious deficiencies remain” and all these deficiencies are “in the realm of terror financing”, according to a report from the Hindustan Times.

Also Read – FATF may need darker shades of grey for Pakistan

Previous Story

Google, FB must pay for news

Next Story

Manjrekar against censoring OTT content

Latest from -Top News

China Welcomes Modi’s ‘Positive Remarks’ on Ties

PM Modi emphasised that cooperation between India and China is essential for global stability and prosperity, advocating for healthy competition rather than conflict….reports Asian Lite News China on Monday said it “appreciates”

Pakistan Sticks to April 1 Deportation Plan

Over 800,000 ACC-holding Afghans face uncertainty as Pakistan rejects Kabul’s request to delay deportations….reports Asian Lite News Pakistan has firmly rejected the Afghan Taliban’s request to extend the deadline for deporting Afghan

Sunita Williams to Land Back on Earth Tomorrow

The duo has been on the ISS since June after their Boeing Starliner, on its maiden crewed flight, suffered propulsion issues and was deemed unfit for return….reports Asian Lite News After spending
Go toTop