Pakistan Criticizes Continued Inclusion On Financial Watchdog's 'Gray List' Financial Action Task Force continues to place Pakistan on gray list despite 'progress' Pakistan on Saturday decried an international money watchdog's decision to keep the country on its gray list, insisting there is no justification for the move. "We have to decide whether the FATF (Financial Action Task Force) is a technical forum or a political (one). We have to see whether or not the forum is being used to serve political motives," Foreign Minister Shah Mahmood Qureshi said in a statement. Announcing the decision Friday, FATF head Marcus Pleyer said Pakistan has made "significant" progress on 26 points of the watchdog's 27-point action plan for the South Asian country.