Islamabad June 17 2022: An onsite visit is necessary before removing a country from FATF grey list.
"As per FATF procedure, an onsite visit is conducted before removing a jurisdiction from grey listing. Pak's hard work on completion of 34 action items during last 3 years is a result of teamwork of officers that worked day & night in different govt depts.They are the real heroes!" Says Former Federal Minister for Finance and Revenue Hammad Azhar.
The FATF is hosting this plenary meeting in Berlin this time, which will run from 13 June to 17 June (ie today).
The plenary session will discuss Pakistan’s performance in 2018 and 2021 and review these measures, while the plenary session will also review the recommendations of the International Cooperation Review Group (ICRG).
It should be noted that in the year 2018, Pakistan was made a part of the FATF gray list, after which the number of countries investing in Pakistan had decreased slightly.