Islamabad: The Financial Action Task Force (FATF) may decide on the situation in the gray list of Pakistan in a digital meeting to be held later this month. This information is given in a media report on Monday. In June 2018, the Paris-based Global Money Laundering and Terrorism Financing Monitoring Organization put Pakistan on the gray list and directed Islamabad to implement a plan of action to curb money laundering and terrorism financing by the end of 2019.
However, this timeframe was later extended due to the Corona epidemic. Trying to come out of the gray list of FATF, Pakistan imposed financial restrictions on 88 banned terrorist organizations and their leaders in August. These include Hafiz Saeed, the mastermind of the 26/11 Mumbai terror attacks and head of the Jamaat-ud-Dawa, Masood Azhar, the chief of Jaish-e-Mohammed, and underworld don Dawood Ibrahim.
According to Dawn's report, the digital plenary session of the FATF will be held from 21 to 23 October, in which it will be decided based on its performance to meet Pakistan's global commitments and standards on its war against money laundering and terrorism financing Whether to be removed from the gray list or not.
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