The South Asian nation had been on the list since June 2018 for deficiencies in its system to curb money laundering and terror financing.
The Financial Action Task Force, however, praised Islamabad for implementing the organisation's action plans – a clear indication that Pakistan is moving closer to getting off the “grey list."
Geopolitics has overshadowed the Financial Action Task Force’s purpose of fighting money laundering. But Ankara must still use the language of the law to fight it out.
The inclusion of Turkey in the so-called list of grey countries that need increased monitoring once again raises eyebrows over the watchdog’s conduct.
Global anti-money laundering watchdog keeps up pressure on Islamabad even after it meets almost all its conditions.
Haiti and South Sudan were also placed on a “grey list” of countries under increased monitoring to counter money laundering and terrorist financing, while Ghana was removed from the list.
Global money laundering watchdog Financial Action Task Force says Islamabad has made "significant progress" but there remained "serious deficiencies" in mechanisms to end money laundering and terrorism financing.
A Pakistani flying academy has painted its aircraft using colours and motifs of an art movement eponymous with trucks to showcase the country is more than the sum of its stereotypes.
Placed on a grey list of Paris-based Financial Action Task Force, Pakistan slaps sanctions on dozens of individuals, including the insurgent group's chief peace negotiator Abdul Ghani Baradar.
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