Share:The Financial Action Task Force (FATF) on Friday 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, which starts a two-day meeting in Paris and is expected to take up the removal of Pakistan from a list of countries under "increased monitoring". 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. 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.

Source: The Nation October 21, 2022 17:21 UTC