FATF warns Pakistan: Grey list exit doesn’t ensure terror financing immunity.
The Financial Action Task Force (FATF) has issued a stern warning to Pakistan, emphasizing that its October 2022 exit from the grey list does not protect the country from ongoing terror financing risks. Speaking at the FATF’s plenary session in Paris, FATF President Elisa de Anda Madrazo highlighted that countries previously on the grey list, including Pakistan, are not immune to money laundering or terrorist financing and must maintain continuous vigilance and stringent financial oversight. …
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