Government officials expect that Pakistan will be issued severe warnings to comply with the full plan in the next few months. Pakistan was previously placed on the FATF’s grey list in February 2012, and had been removed from the grey list in 2015 after it passed a National Action Plan (NAP) to deal with terrorism after the Peshawar School massacre in December 2014. The country, which had been placed under severe restrictions between 2008-2012, was put back on the grey list in 2018. The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system. A total of nine TF convictions for all other provinces in Pakistan is not consistent with province-specific TF risks,” the APG said.

Source: The Hindu October 17, 2019 18:11 UTC