Pakistan all but exits grey list - News Summed Up

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Pakistan all but exits grey list


It's the final day of the FATF plenary in Berlin. Also read Pakistan pins hopes on ‘onsite visit’ to exit FATF 'grey list'In February 2018, the FATF had decided to place Pakistan on the grey list with effect from June 2018 and handed it over a list of 27 conditions that it needed to implement to exit the grey list. "Pakistan is not being removed from the grey list today. The country will be removed from the list if it successfully passes the onsite visit," FATF president Marcus Pleyer told a news conference. The purpose of the onsite visit, he said, is to verify the completion of reforms to check whether it is sustainable and irreversible.


Source: The Express Tribune June 18, 2022 05:02 UTC



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