What is FATF, and why Pakistan has been struggling to get out of its ‘Grey List'
The Financial Action Task Force (FATF) is a global watchdog fighting terror financing and money laundering. It is an intergovernmental organisation founded in 1989 during a G7 Summit. The Asia Pacific Group of the FATF has placed Pakistan in its so-called 'Grey List'. Grey List includes "Jurisdictions Under Increased Monitoring”.
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