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FATF set to review Pakistan for money laundering, terrorist financing

FATF set to review Pakistan for money laundering, terrorist financing

PARIS: Financial Action Task Force (FATF), a global watchdog tasked with combatting money laundering and terrorist financing, is all set for its strategic review of Pakistan and decide whether the country will retain its place in the “Grey List” or exit.
The FATF meeting is scheduled to be held in Berlin from June 14-17. This meeting is especially crucial for Pakistan as the country continues to remain on the watchdog’s “Grey List” for failing to check terror financing.
The outcomes of the…


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