Country may remain on FATF list beyond February: minister

Minister for Economic Affairs Hammad Azhar has said that Pakistan may remain on the grey list of FATF beyond Feb’20, mainly because of its risk profile and in view of two simultaneous evaluations. He said that some countries had been removed from the grey list after just 80% compliance while Pakistan is being pressurized to ensure 100% compliance with the action plan. Pakistan is being viewed from a very high threshold; there is a political element to this, he said, adding that Afghanistan is not on the FATF grey list.

 

11/8/2019