ISLAMABAD: The plenary of the Financial Action Task Force (FATF) will decide Pakistan’s fate whether to remove it from the grey list or keep the country list for another extended period tomorrow (Thursday) in Paris.
The plenary, which was earlier scheduled in June but got postponed due to the COVID-19 pandemic, will decide Pakistan’s fate whether to keep the country on the grey list for another extended period or to remove it.
In February 2020, the FATF plenary granted Pakistan a grace period of four months to complete its 27-point action plan against money-laundering and terror financing (ML&TF) after it noted that the country was compliant on 14 points.
