Tag: grey list
-
Pakistan’s removal from FATF grey list to help with its reputation and IMF’s next review
Experts predict that the country’s reputation would recover and it would get a credit rating upgrade from international agencies as Pakistan was taken off the Financial Action Task Force (FATF) list of nations under increased monitoring. According to Geo, the removal will allow Pakistan to smoothly complete the forthcoming review of the IMF’s Extended Fund…
-
Pakistan likely to exit FATF grey list after 4 years
Pakistan is expected to leave the Financial Action Task Force (FATF) grey list on October 21 after topping the dreaded chart for over four years. According to Dawn, a 15-member team of the money-laundering watchdog concluded its onsite visit to Pakistan on September 2, with the final decision on the country’s grey list status now…
-
Pakistan likely to be removed from FATF grey list today
Pakistan is hopeful of getting off the Financial Action Task Force (FATF) grey list. The Pakistani delegation attending the conference in Berlin is headed by Minister of State for Foreign Affairs Hina Rabbani Khar, who is also the chair of the National FATF Coordination Committee. Pakistan was added to the list in 2018 and was…
-
US says it recognises and supports Pakistan’s continued efforts to satisfy FATF
During a regular press briefing, the United States (US) State Department’s spokesperson Ned Price said, “We do recognise, and we support Pakistan’s continued efforts to satisfy the Financial Action Task Force (FATF) obligations,” reported Geo News. This statement comes after Indian External Affairs Minister S Jaishankar admitted that Pakistan is on the grey list of…
-
Pakistan on FATF grey list because of ‘Narendra Modi’s govt’, Pak to take action
Indian External Affairs Minister S Jaishankar admitted that Pakistan is on the grey list of the Financial Action Task Force (FATF) because of the “efforts of Narendra Modi’s government”. Jaishankar, while addressing the Bharatiya Janata Party (BJP) leaders, said, “Prime Minister Narendra Modi’s personal efforts made on forums like G20 or G7 made nations realise…
-
‘Some powers desire to keep the sword of FATF hanging over Pakistan’: Shah Mahmood Qureshi
Foreign Minister Shah Mahmood Qureshi questioned the decision of the Financial Action Task Force (FATF) of keeping Pakistan on its “increased monitoring list”, also known as the grey list, after the country completed 26 out of the 27 points under the action plan given by the financial watchdog. Qureshi said there was “no room” to…