Amidst the changing regional and geopolitical dynamics, Pakistan remains mired in complexities and uncertainties. It continues to remain under the scrutiny of the terror-financing watchdog Financial Action Task Force (FATF) and is under immense pressure to prove the effectiveness of its measures related to money laundering and counter-terror financing. From 21-25 June 2021, review meetings of the FATF were held to take a call on whether to keep Pakistan on the terror financing watchdog’s ‘grey list’, remove it from the list or push it into the ‘black list. In a huge setback to Pakistan, FATF has retained the country on its “grey list”.
Pakistan remains under the scrutiny of FATF | Vivekananda International Foundation (vifindia.org)