Pakistan to remain on terror watchdog FATF's grey list

Global terror watchdog Financial Action Task Force (FATF) on Thursday announced that Pakistan will continue to remain on its grey list due to failure to comply with all the points of a plan of action set by it to combat terror financing. The FATF said that there had been serious deficiency on the part of Pakistan in checking terror financing.

The Paris-based FATF had placed Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action to curb money laundering and terror financing by the end of 2019 but the deadline was extended later on due to the Covid-19 pandemic.