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Pakistan to remain on FATF’s grey list

PARIS: The Financial Action Task Force (FATF) has announced that Pakistan will continue to remain on its increased monitoring or grey list depsite making progress on the action plan given by the global anti-money laundering watchdog. “Pakistan remains under increased

Retaining on FATF’s list

The Financial Action Task Force (FATF) has decided to retain Pakistan on the “increased monitoring list”, also known as the grey list, till it completes the action plan. This 27-point comprehensive action plan included taking action against money laundering and

No justification to keep Pakistan in FATF’s grey list: FM Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi said Pakistan had fulfilled 26 out of 27 action items of the Financial Action Task Force (FATF) and there was no justification to keep the country in the grey list. The foreign minister in

Pakistan to remain on FATF grey list till Feb 2021

ISLAMABAD: The Financial Action Task Force (FATF) has decided to keep Pakistan on its ‘grey list’ until February 2021, the watchdog’s president said today (Friday). FATF President Marcus Pleyer announced the decision at a virtual press conference held after the

FATF decides again

Pakistan’s fate once again hangs in the balance as the Financial Action Task Force (FATF) holds its plenary session. The bigger question on everyone’s mind remains whether Pakistan will be removed from the grey list or face sanctions. Pakistan has

Pakistan has made significant progress on FATF action plan: minister

ISLAMABAD:  Federal Minister for Economic Affairs Hammad Azhar on Saturday said Pakistan has made significant progress on implementation on the Financial Action Task Force (FATF) action plan in the last year. “Pakistan has made significant progress at FATF in the

Pakistan has made efforts in improving counter-terror financing: China

BEIJING: The Chinese foreign ministry on Friday said a majority of Financial Action Task Force (FATF) members recognised Pakistan’s efforts in improving its counter-terrorism financing (CTF) regime and will continue offering assistance in this regard. Addressing the regular press conference,

Need US assistance be removed from FATF grey list: Qureshi

ISLAMABAD: Pakistan has urged the US to get it off the Financial Action Task Force (FATF) grey list, which monitors global money laundering and terror financing. At a news briefing here on Friday night, Foreign Minister Shah Mehmood Qureshi said

FATF’s final deadline

There should be no rejoicing over the recent meeting of the Financial Action Task Force (FATF) in Paris during which Pakistan escaped a blacklist on anti-money and counter-terrorism financing standards. Rather it was a sigh of relief that Pakistan was

FATF removes Sri Lanka from Grey List

COLOMBO: The Financial Action Task Force (FATF) has removed Sri Lanka from its “Grey List”. According to the Colombo newspaper, Sri Lanka will no longer be subject to the FATF’s monitoring under its on-going global anti-money laundering and countering the

Pakistan to come out of FATF’s grey list in Feb 2020: Azhar

ISLAMABAD: Minister for Economic Affairs Hammad Azhar on Saturday said that Pakistan had targeted to complete all items on Financial Action Task Force (FATF) action plan till February 2020. Pakistan will come out of grey to white List by the

Pakistan to remain on FATF’s grey list till February 2020

ISLAMABAD: The Financial Action Task Force (FATF) on Friday announced that Pakistan will remain on its grey list for the next four months. This has handed Pakistan a final lifeline after acknowledging recent improvements. The nation escaped from a blacklist

Moment of truth at FATF

A crucial meeting of the Financial Action Task Force (FATF) has commenced in Paris where Pakistan’s fate hangs in the balance. Either our nation will be blacklisted for inadequate measures against money laundering and terror financing or remain on the

APG to submit assessment of Pakistan’s progress to FATF

ISLAMABAD: The Asia-Pacific Joint Group (APG) will submit its assessment of Pakistan’s progress in strengthening its anti-money laundering and combating the financing of terrorism framework next month. A brief statement issued by the Ministry of Finance after meetings with the

Pakistani delegation led by Azhar set to meet FATF’s APG

Bangkok: Pakistan delegation led by Minister for Economic Affairs Division Hammad Azhar will hold talks with the Financial Action Task Force’s (FATF) Asia Pacific Group (APG) in Bangkok on Monday. The delegation will seek a final evaluation of Pakistani anti-money

Pakistan’s FATF grey list’s destiny to be decided by October

CANBERRA: Pakistan has submitted its third mutual evaluation report to the Asia Pacific Group, which will make the final decision on whether to keep Pakistan on its grey list in October. The Asia Pacific Group adopted Pakistan’s mutual evaluation report