Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / World News / FATF may put Pakistan on "dark grey list"
  • World

    FATF may put Pakistan on "dark grey list"

    Shalini Ojha
    Written by
    Shalini Ojha
    Twitter
    Last updated on Oct 15, 2019, 09:22 am
    FATF may put Pakistan on "dark grey list"
  • Financial Action Task Force (FATF) will soon decide Pakistan's fate, and things aren't looking great for the country.

    As per reports, the global watchdog is likely to put Pakistan on its "dark grey list", saving it from the feared blacklist.

    This means, Pakistan will be downgraded from the greylist, where it has been featuring since June 2018.

    Read on for more details.

  • In this article
    FATF asked Pakistan to work on 27 points, it failed Pakistan's fate will be sealed on October 18 So, what does a dark grey list mean? Earlier, US asked Pakistan to prosecute Hafiz Saeed, other terrorists
  • Backstory

    FATF asked Pakistan to work on 27 points, it failed

    FATF asked Pakistan to work on 27 points, it failed
  • After Pakistan was "greylisted" by FATF, the inter-governmental body handed over a 27-point action plan. Islamabad was asked to work on these points if it wants to get a clean chit.

    FATF has been asking Pakistan to do something about terror financing and UN-designated terrorists, flourishing on its soil.

    Despite warnings, the country led by Imran Khan failed to take concrete action.

  • Decision

    Pakistan's fate will be sealed on October 18

  • Earlier this year, FATF issued a stern statement giving Pakistan time till October to curtail terror financing. The body will pronounce its decision on October 18.

    An official in the know said that Pakistan has "managed to pass" in only six of the 27 points.

    Reports also suggest that all member countries will isolate Pakistan for not doing enough against terrorism.

  • List

    So, what does a dark grey list mean?

    So, what does a dark grey list mean?
  • The "dark grey" list is a stage between greylist and blacklist.

    According to another official, being designated in "dark grey" list means that a country has been issued a strong warning and given one last chance to improve.

    Naturally, a demotion will spell troubles for the cash-strapped economy of Pakistan, as it will face problems in procuring funds from IMF, World Bank, or EU.

  • Statement

    Earlier, US asked Pakistan to prosecute Hafiz Saeed, other terrorists

    Earlier, US asked Pakistan to prosecute Hafiz Saeed, other terrorists
  • As all eyes are set on FATF's decision, which will take place at its plenary meet in Paris, the United States asked Pakistan to prosecute Hafiz Saeed, and four other terrorists of Lashkar-e-Taiba, who have been arrested.

    Alice Wells, the head of the US state department's South and Central Asian Bureau, reminded that Khan himself said terrorists should stop operating from Pakistan for the better future of the country.

  • Pakistan News
  • Imran Khan
  • IMF
  • Hafiz Saeed
  • World Bank
  •  
View all questions (4)
Latest News
  • COVID-19 vaccination: Important dos and don'ts you should follow
    COVID-19 vaccination: Important dos and don'ts you should follow
    India
  • Meghan Markle accuses Royal family of 'perpetuating falsehoods'
    Meghan Markle accuses Royal family of 'perpetuating falsehoods'
    Entertainment
  • OTT platforms should be screened, says SC; 'even porn shown'
    OTT platforms should be screened, says SC; 'even porn shown'
    India
  • Hacker group unc0ver releases jailbreak utility for iOS 14.3
    Hacker group unc0ver releases jailbreak utility for iOS 14.3
    Science
  • Analyzing an extremely tight Ligue 1 title race in 2020-21
    Analyzing an extremely tight Ligue 1 title race in 2020-21
    Sports
Related Timelines
  • Pakistan unlikely to avoid FATF's grey-list next year: Indian officials
    Pakistan unlikely to avoid FATF's grey-list next year: Indian officials
    World
  • FATF Paris Plenary: Pakistan remains on grey-list; Turkey backs Islamabad
    FATF Paris Plenary: Pakistan remains on grey-list; Turkey backs Islamabad
    World
Trending Topics
Coronavirus
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love World news?

Subscribe to stay updated.

World Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Twitter Indian Premier League Samsung Virat Kohli
Rohit Sharma Cricket News YouTube Hollywood News WhatsApp Bollywood News Nitin Gadkari ISRO Yoga Honda
Batman Football News BMW Vaccine Reliance Jio OPPO Food News, Healthy Recipes Tesla Royal Challengers Bangalore Toyota
Fashion Tips Emmy Awards Mercedes Barcelona FC Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV Smart TV Marvel Comics
Avengers Neha Kakkar Premier League Big Bang Theory
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021