Fatf Plenary News Today

The move is a result of efforts made in the last four years by the government

In a statement issued after the recent plenary held in Paris between February 22 and 24, the Financial Action Task Force, in view of the Ukraine war, said Russia's action "unacceptably run counter to the FATF core principles".

Analysts and reports suggest that Pakistan will remain greylisted till the next session of FATF in 2022 as it has failed to curb terror financing of UN proscribed terrorists living in Pakistan.

NEW DELHI: The FATF plenary which started on Monday is examining Pakistan’s compliance — or lack thereof — with the remaining six items in its 27-point action plan meant to check terror-financing. While Pakistan is expected to remain on the grey list, it’s hoping that the Parisbased terror watchdog will allow an onsite evaluation which it can use to convince the member-states that it has done enough to get its name struck off the grey or ‘increased monitoring’ list. One of the six...