Another blow for Pakistan: Why FATF blacklisting now seems increasingly likely

Pakistan has been under the FATF’s scanner since June 2018, when it was put on the greylist for terror financing and money laundering risks, after an assessment of its financial system and law enforcement mechanisms.

The FATF holds three Plenary meetings in the course of each of its 12-month rotating presidencies. (Representational Image)

The Asia-Pacific Group (APG) of the global terror financing and money laundering watchdog Financial Action Task Force (FATF) has put Pakistan in the Enhanced Expedited Follow Up List for failing to comply with commitments, PTI has reported, quoting unnamed officials.