Oct 21, 2021: Pakistan has implemented all the 27 points proposed by the Financial Action Task Force (FATF), leaving no justification for the international watchdog to keep the country on the gray list, Finance Ministry sources said onWednesday.

Sources said that Pakistan has fully complied with the terms of the FATF and “we are now awaiting the decision of the FATF, which is expected tonight (Wednesday) or tomorrow (Thursday).”

Pakistan’s agenda was finalized on Wednesday during the three-day FATF meeting in Paris. Sources said that the meeting reviewed the progress on measures taken by Pakistan against money laundering and financing of terrorism.

A source said that the 100% compliance report submitted by Pakistan states that Pakistan has completed the implementation of the remaining last points. “The decision to remove or retain the name from the gray list will now be based on progress [report],” the source added.

Talking about the progress report, the sources said that about 150 people have been convicted in money laundering cases while Pakistan has overcome the problem of financing terrorism. In addition, there has been no major terrorist incident in the country for some time.