Pakistan could not get out of FATF’s gray list

InternationalPakistan could not get out of FATF’s gray list

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Pakistan could not get out of FATF’s gray list

New Delhi: The words and deeds of Pakistan against terrorism are not hidden from anyone. On the one hand, he talks a lot about running a campaign against terrorism. But the ground reality is different. After India’s continuous efforts, it has been put in the gray list by FATF. Pakistan expected relief for itself from the FATF meeting on Friday. But its gray list status remains intact.

The FATF is concerned with strengthening the mechanisms governing the country’s financial system so that they cannot be used for activities such as money laundering and terrorist financing. The so-called ‘Grey List’ actually includes countries that the FATF thinks should be under “increased surveillance”, even though they work with the FATF to “combat money laundering, terrorist financing and proliferation financing under their regime”. The gray list can be seen as a warning note for any country, but such a designation also means that “it has been identified within the agreed time frame”.

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