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. If removed from the list, Pakistan would essentially receive a reputational boost and get a clean bill of health from the international community on terrorist financing. Read more: What would it mean for Pakistan to exit FATF grey list? In September, a 15-member FATF team quietly visited Pakistan, a final step before the country’s exit from the grey list. Pakistani officials were confident that the FATF team would give a positive assessment of the country’s progress.

Source: The Express Tribune October 21, 2022 01:36 UTC