FATF keeps Pakistan on grey list until June despite 'significant progress'
The announcement was made by FATF President Dr Marcus Pleyer at a press briefing from Paris on the outcomes of the FATF's four-day virtual plenary meeting.
"Pakistan remains under increased monitoring," Pleyer said, adding that while Islamabad had made “significant progress”, there remained some “serious deficiencies” in mechanisms to plug terrorism financing.
The Financial Action Task Force (FATF) on Thursday decided to keep Pakistan on its 'grey list', with the country's status set to be reviewed next at an extraordinary plenary session in June 2021.
0 Comments