Pakistan has actually bought time, but it can not back away from its commitments to the FATF
According to reports in Pakistan and India, the Financial Action Task Force, the global watchdog group, has actually chosen to give Pakistan and other nations on its watch list a three-month extension on fulfilling dedications, in view of the pandemic. Pakistan was positioned on the grey list or “increased monitoring” list in June 2018, and given time until October 2019, in order to finish a 27- point action plan on countering horror finance and anti-money laundering.
