Pak remains in FATF ‘grey’ list as it fails to take action against India’s most wanted

NEW DELHI: Pakistan will remain in FATF’s ‘grey’ list till February 2021 as it has failed to fulfil six key obligations of the global money laundering and terrorist financing watchdog that include failure to take action against two of India’s most wanted terrorists — Maulana Masood Azhar and Hafiz Saeed, officials said on Friday.

The virtual plenary of the Financial Action Task Force (FATF), held for the last three days, concluded that Pakistan will continue to reman in its ‘grey’ list.

The decision has been taken after a thorough review of Pakistan’s performance in fulfilling the global commitments and standards on the fight against money laundering and terror financing. (AGENCIES)