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Terror financing: Pakistan out of FATF's grey list after 4 years

Shortpedia

Content Team
Image Credit: FPJ

Four years after it was put on the "grey list" of a global watchdog for financing terrorism and money laundering, Pakistan's name has finally been struck off it. Pakistan has been on the grey list of the Paris-based Financial Action Task Force (FATF) since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.