FATF Urges Pakistan to Sustain Efforts Against Terror Financing Post Greylist Exit

The Financial Action Task Force has warned Pakistan that its exit from the greylist does not exempt it from ongoing efforts against money laundering and terrorism financing.

• The Financial Action Task Force cautioned Pakistan to maintain vigilance against money laundering and terrorism financing after its greylist removal in October 2022.
• Pakistans compliance with anti-terror financing measures will continue to be monitored under the Asia Pacific Group, emphasizing its ongoing obligations despite the greylist exit.
• The FATFs warning aligns with global efforts to combat terrorism financing, echoing similar concerns raised about jurisdictions like Nigeria and South Africa.