Pakistan move out of FATF Grey List? Decision will Announce on 21st Feb 2020

Pakistan move out of FATF Grey List? Decision will Announce on 21st Feb 2020 | BOL News
FATF will be held in Paris and Pakistan needs just 12 votes out of 39 to exit the Grey List and move to White List. There is a strong possibility of Islamabad getting enough support to exit the Grey List," an Indian official privy to the development had said then. In recent meetings of FATF, Pakistan has got support of Malaysia and Turkey besides China. "We will be supporting Pakistan at the Financial Action Task Force meetings, where Pakistan is subject to political pressure," Turkish President Recep Tayyip Erdogan had told Pakistan's parliament on Saturday.

If Pakistan could convince a few Western nations with their report of taking action against terrorists, the country will be out of FATF Grey List, which will be a cause of worry for India, the official said. In the Beijing meeting, Pakistan provided a list of its action taken to comply with the FATF diktat. Pakistan was placed on the Grey List by the FATF in June 2018, and was given a plan of action to complete it by October 2019 or face the risk of being placed on the blacklist along with Iran and North Korea.
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