FATF announces its verdict, Pakistan remains on grey list

Lahore, 25th June: The Financial Action Task Force (FATF) announces to keep Pakistan on the gray list.

According to reports, the President of the Financial Action Task Force (FATF) has said that issues related to different countries were discussed and Ghana has been removed from the gray list while Pakistan will remain on the gray list.

The FATF President said in a press conference on Friday that Ghana has done a good job with regard to the gray list and it has been removed from the gray list.

He said that Pakistan would remain under surveillance. Pakistan meets 26 out of 27 conditions of the 2018 Action Plan.

The FATF said that since February 2021, Pakistan has taken 2 out of 3 steps, and has achieved 26 out of 27 targets.

FATF says it is satisfied with Pakistan’s progress, Pakistan needs to improve the punishment system.

The FATF says it is satisfied with Pakistan’s progress and said that Pakistan needs to improve its sentencing system.

According to the FATF, 1,373 UN-designated terrorists will have to be punished and Pakistan will have to abide by the 6 points attached to the last condition.

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