According to the Financial Action Task Force sources has told Islamabad, that if Pakistan fails to take action plan by October 2019 than it will be blacklisted. In June last year, Pakistan was placed on the ‘grey list’ of the international terror financing watchdog and given a 27 points action plan. The ‘grey list’ is a warning given to a country when it fails to curb terror funding and money laundering.
Earlier this week, during a review of the plan, Pakistan had failed to complete 25 of the 27 points in the plan.
In the run-up to the FATF plenary in Orlando, Florida from June 16-21, diplomatic sources have said Pakistan will, at the very least, remain in the ‘grey list’ which it went back into in 2018. The FATF action plan was earlier reviewed at the last plenary of the FATF in October 2018. In February 2018, the country was put into the ‘grey list’ after India submitted new information about Pakistan-based terrorist organisation.
If Pakistan fails to complete action plan by Oct. 2019, it will be blacklisted : FATF
