FATF Puts Pakistan, Turkey, Jorden & Mali On Its 'Grey List'
The Financial Action Task Force (FATF) again put Pakistan on its 'Grey List' of counties for not completing four actions items on October 21. The position will make it difficult for Pakistan to get monetary help from the International Monetary Fund (IMF), World Bank, and the European Union. The FATF also placed Turkey, Jordan, and Mali on the list. Notably, Pakistan has been on the list since 2018.
Tags: FATF, Grey list, Turkey, Jordan
Courtesy: India Today
FATF Retains Pakistan Under 'Grey-List', Assigns New Task
Bad News! The Financial Action Task Force has not given any relief to Pakistan, retaining it on the grey-list during the virtually held plenary session on June 25. In a new development, the FATF said that Pakistan had been assigned 27 tasks but it failed to complete the last task of convicting terrorists. Besides, it has added other task, a list of 6-points mainly related to money laundering.
Tags: FATF, Grey list, Pakistan, UNSC, MONEY LAUNDERING
Courtesy: The Hindu