Lahore: Pakistan is likely to be off the ‘grey list’ of the Financial Action Task Force (FATF). The announcement for the same will take place at the FATF plenary which is scheduled this week, from June 14 to 17, 2022, in Berlin (Germany).
According to sources, Pakistan has completed 26 of the 27 action items in its 2018 action plan for the FATF and six of the seven action items of the 2021 action plan of the FATF’s Asia Pacific Group on Money Laundering (APG).
German Ambassador to Pakistan, Bernhard Schlagheck, expressed hope of Pakistan being removed from the FATF grey list this month. Speaking to media persons in Islamabad on Sunday, the German envoy brushed aside concerns of lobbying against Pakistan at the FATF. He said that FATF was a collective forum and one country alone cannot influence decisions.
