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FATF retains Pakistan on 'grey list', says 'will verify country's compliance with on site visit'

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Global financial watchdog the Financial Action Task Force (FATF) said on Friday that Pakistan will continue to stay on its 'grey list' and a final decision to remove it from the list will be taken after an "on-site" verification visit by the Paris-based body. This decision was announced after the conclusion of the FATF plenary in Berlin.