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‘To remain on grey list’: FATF urges Pakistan to complete action plan by Feb 2021

LONDON: The Financial Action Task Force (FATF) has found that Pakistan has successfully complied with 21 out of 27 points of action and decided to keep the country on its ‘grey list’ until February 2021, the watchdog’s president said on Friday.

FATF President Marcus Pleyer announced the decision at a virtual press conference held after the body’s three-day plenary session came to an end today.

The global watchdog reviewed Pakistan’s progress on the 27-point action plan for addressing anti-money laundering and terror financing in its plenary session that started on October 21.

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