PARIS: (HRNW) A plenary meeting of the Financial Action Task Force (FATF) is ongoing in Paris to decide the fate of Pakistan pertaining to its exclusion from the forum’s grey list.
According to sources having knowledge of the development, there are no chances that Pakistan would be included in the blacklist of the FATF.
“On the other hand, there are chances of Pakistan getting out of the FATF grey list in the first quarter of 2021,” the sources said as the FATF preliminary meeting would continue till 23 October.
Pakistan has implemented upon major action points recommended by the FATF besides carrying out legislations for 16 times on money-laundering related issues.
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