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Tejas Chavan

Tejas Chavan

Asked on 22 February, 2019

What does FATF stand for?

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FATF stands for Financial Action Task Force. It is a watchdog for terror funding.

Rajesh Jaiteley

Rajesh Jaiteley

Asked on 22 February, 2019

When was Pakistan greylisted by FATF?

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Answered by

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Pakistan was greylisted last year and FATF decided to continue with the same status on February 22, 2019.

Hansika Gavde

Hansika Gavde

Asked on 22 February, 2019

How will being blacklisted by FATF affect Pakistan?

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Being on FATF's blacklist will make it difficult for Pakistan to access the international market which will hurt its economy.

Rishika Sarin

Rishika Sarin

Asked on 22 February, 2019

How much time did FATF give Pakistan?

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Answered by

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FATF gave Pakistan time till October 2019. If the country doesn't take substantial steps it will be blacklisted.