FATF asked Pakistan to address the deficiencies in its financial system as Pakistan has already met 32 action points out of 34. With just two unmet targets out of 34 action points, the Financial Action Task Force (FATF) has retained Pakistan on its terrorism financing “grey list” and asked the country to address the remaining deficiencies in its financial system as soon as possible.
The announcement came after the conclusion of the sixth plenary of the FATF held under the German Presidency of Dr Marcus Pleyer. The FATF acknowledged the “significant progress” made by Pakistan in completing the required action items.