“FATF members agreed to maintain Pakistan’s status on FATF’s Compliance Document, normally referred [to] as the Grey List,” the FATF press release said and “strongly urged” Pakistan to “swiftly complete” its full action plan by June 2020. ‘SIGNIFICANT PROGRESS’:According to the Finance Division, Pakistan made “significant progress” in the implementation of the 27-point FATF Action Plan during its last review, which was demonstrated by the completion of nine additional action items. “FATF reviewed the progress made by Pakistan towards the implementation of the Action Plan. In October 2019, the FATF decided to keep Pakistan on its grey list till February, giving it time to implement a 27-point action plan. The FATF met again in January this year in Beijing where Pakistan provided a list of actions taken to implement the action plan.

Source: Pakistan Today February 21, 2020 10:52 UTC