• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
Friday, May 20, 2022
  • Login
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

Pakistan to remain on FATF grey list until next review

by Ali Gulrez
Oct 23, 2020
in Featured, Islamabad, National
0

Pakistan will remain on the Financial Action Task Force (FATF) grey list until the next plenary meeting scheduled to take place in February 2021.

Pakistan FATF, Pakistan FATF Grey List, Pakistan Grey List, Pakistan, FATF
Pakistan to remain on FATF grey list until next review.

Addressing the meeting, the FATF President Dr Marcus Player said that Pakistan needs to do more towards fulfilling the requirements set forth by the international watchdog.

Read more: FAKE NEWS: Saudi Arabia votes against Pakistan at FATF.

However, it was acknowledged that the country made significant progress fulfilling 21 out of the 27 conditions laid forth by the task force but the final decision on whether to remove Pakistan from the FATF grey list will be made once all points of the action plan are completed.

Once these conditions are completed, an on site visit will be approved and a team from FATF will visit the country for review to make the final decision.

Dr Marcus Player of the FATF said:

Our discussions are confidential, and the members decided by consensus that Pakistan needs to complete these six items for an onsite visit to be granted,

As soon as the plenary decides that Pakistan has completed all the 27 items, then an onsite visit will be made. After that, it will be decided whether the country will be allowed to exit the grey list or not.

As long as Pakistan can be seen progressing and fulfilling the requirements, it will be given a chance. There are some countries which are not making progress and have been placed on the black list,

According to the Dr Player, the new deadline for Pakistan to complete the action plan is February 21st when the next plenary meeting is scheduled to take place.

It is pertinent to mention that one of Pakistan’s close allies, Turkey, supported the country during the plenary meeting asking other members to consider the progress.

Turkey even suggested that FATF should dispatch a team for an on site visit to make the final decision however, that usually doesn’t happen until all points of the action plan have been completed.

Read more: Indian Media Gone Crazy: Says Pakistan will adopt Indian Currency.

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: FATFFeaturedPakistanPakistan FATFPakistan FATF Grey ListPakistan Grey list
ShareTweetSend

Related Posts

Items Banned For Import, List of Items, Pakistan
Islamabad

List of Luxury Items Banned For Import in Pakistan

May 19, 2022
Rain, Weather Update, Heatwave, PMD
Islamabad

Weather Update: Rain Expected With Heatwave Likely to Subside From Today

May 19, 2022
Insaf Food Card
Khyber Pakhtunkhwa

KP Launches Insaf Food Card Scheme

May 19, 2022
Taxes Mobile Phones, Taxes Import Mobile Phones, Taxes, Import of Mobile Phones
Islamabad

Govt to Increase Taxes on Import of Mobile Phones

May 18, 2022
Govt Bans Import of Luxury & Non-Essential Items
Islamabad

Govt Bans Import of Luxury & Non-Essential Items

May 18, 2022
Hamza Shehbaz, Shehbaz Sharif, Supreme Court, SC
Islamabad

Shehbaz & Hamza Govt Ends After SC Verdict: Fawad Chaudhry

May 17, 2022
Article 63(A), Article 63 (A)
Islamabad

SC Announces Verdict on Article 63(A)

May 17, 2022
Karachi Blast, Karachi Explosion, Karachi
National

Karachi Blast – Explosion at Bolton Market in Kharadar Area

May 16, 2022
Petrol Prices in Pakistan, Petrol Price in Pakistan, Petrol Prices, Petrol Price, Diesel Price, OGRA
Islamabad

Latest Petrol Prices in Pakistan – 16 May 2022

May 15, 2022
Load More
Next Post
Raoof Hasan, SAPM Raoof Hasan, SAPM Information

Raoof Hasan appointed as SAPM on Information

Coronavirus Pakistan, COVID-19 pakistan

CORONAVIRUS: Pakistan records highest single-day cases in 3 months

Emirates celebrates 35 years of connecting Pakistan to the world

Emirates celebrates 35 years of connecting Pakistan to the world

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

INCPak Discover YouTube Channel

INCPAK Discover

Latest

  • FBISE Changes Matric Exam Timings in Islamabad
  • List of Luxury Items Banned For Import in Pakistan
  • Sindh Changes Intermediate Exam Timings
  • Weather Update: Rain Expected With Heatwave Likely to Subside From Today
  • TikToker Dolly Issues Clarification on Margalla Hills Fire
  • USD to PKR – Dollar Rate in Pakistan – 19 May 2022
  • Gold Rate in Pakistan Today – 19 May 2022
  • KP Launches Insaf Food Card Scheme
  • TikToker Dolly Booked For Setting Fire In Margallah Hills

Follow us on Twitter

INCPAK Twitter

Follow us on Instagram

Qries

USD to PKR Rates

Qries

INCPak Official logo

INCPak Official Logo

Trending

  • Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan

Site Links

  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

All rights reserved © 2022 INCPak - Independent News Coverage Pakistan - (Digital News Portal)

No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers

All rights reserved © 2022 INCPak - Independent News Coverage Pakistan - (Digital News Portal)

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In