The Financial Action Task Force has introduced that it’s going to preserve Pakistan on the grey record till subsequent yr 2021.
The President of FATF mentioned throughout the press convention that Pakistan can be included within the grey record of FATF in the meanwhile, Pakistan will stay within the grey record until February 2021, Pakistan has applied 21 out of 27 factors. What is imported, Pakistan must implement the remaining 6 factors.
The President of FATF mentioned that Pakistan has proven progress on all of the motion factors and there’s progress and need to implement 27 factors in Pakistan, when Pakistan will guarantee implementation of all 27 factors. Then a workforce will go to Pakistan.
The FATF President mentioned that the aim of his go to to Pakistan could be to evaluation the bottom realities whereas checking earlier than the subsequent assembly whether or not Pakistan was successfully implementing these factors whereas North Korea and Iran have been blacklisted.