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

‘UAE leads global fight against plastic waste’

UAE accelerates its fight against plastic pollution with a bold single-use plastic ban and expanded environmental policies to safeguard natural ecosystems for future generations The United Arab Emirates continues to lead the

70,000 Gaza kids starve

WFP warned that any further escalation of conflict could paralyse relief operations altogether, deepening the plight of civilians—especially children, the elderly, and vulnerable groups As the humanitarian crisis in Gaza intensifies, the

Prayers on the Mount

The Day of Arafat, considered the pinnacle of the Hajj pilgrimage, witnessed a congregation of believers from around the world As the sun blazed overhead and temperatures climbed to a sweltering 41°C,

EID MUBARAK!

UAE marks Eid Al Adha with housing support, children’s gifts, pardons, and cultural celebrations, reflecting a national spirit of compassion, unity, and shared community values Across the UAE, Eid Al Adha is

Trump Bans Travel from 12 Nations

The 12 countries that were banned include Afghanistan, Burma, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen….reports Asian Lite News US President Donald Trump has signed a proclamation
Go toTop