FATF satisfied by Pakistan’s progress on action plan: report

Pakistani team, headed by Minister for Economic Affairs Hammad Azhar, has “defended country’s compliance report during the joint group of FATF meeting held at Beijing, China” and reportedly satisfied the global watchdog. The Indian side had to face embarrassment as the US and European countries did not extend their support to their “tough but mostly irrelevant questions” during the joint group meeting.

Official sources said that Pakistan would now focus on mustering up more diplomatic support of voting members of FATF’s plenary meeting. In order to avoid the blacklist, Pakistan requires the support of three countries. For coming out of grey and landing into the white list, Islamabad needs 12 votes out of a total of 39.

There is a possibility of a third scenario that Pakistan might continue into the grey list for another 3 to 6 month period. After getting the support of the US, the chances have emerged that Pakistan might be excluded from the grey list and placed into the safest white list.

Source: Geo TV