Is Pakistan likely to be removed from FATF grey list?

The Financial Action Task Force (FATF) committee is to meet once again to evaluate Pakistan’s compliance with the recommendations of the anti-money laundering watchdog. Pakistan expects to come out of the grey list. However, some diplomats and senior officials are of the view that the country may continue to remain in the increased monitoring list… Continue reading Is Pakistan likely to be removed from FATF grey list?

FATF: Pakistan’s chances of exiting the gray list?

Islamabad has been struggling to get off the Financial Action Task Force’s (FATF) gray list since 2018. However, internal and external environments have not been conducive. Opposition parties censured and attempted to obstruct or at least delay the government’s legislative process to promulgate laws– a FATF precondition. Besides, Pakistan’s archrival India has been lobbying to… Continue reading FATF: Pakistan’s chances of exiting the gray list?

FATF-related legislation: PM Imran accuses opposition of being on the same page with India

Prime Minister Imran Khan has said that the Opposition parties and India are on the same page with regard to the issue of Financial Action Task Force (FATF). According to official sources, Prime Minister Imran Khan on Wednesday chaired a meeting of government and party representatives, in which briefings about the governmental measures to bring… Continue reading FATF-related legislation: PM Imran accuses opposition of being on the same page with India