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Pakistan Out of the FATF’s Grey List

Published on October 21, 2022
Current Context: Pakistan was removed from the Grey List of the Financial Action Task Force (FATF).
Pakistan Out of the FATF’s Grey List
  • The FATF removed Pakistan from its Grey List after the institution was satisfied with its efforts in improving its Anti-Money Laundering and Combating Financial Terrorism (AML/CFT) regime.
  • After failing to curb terror financing and money laundering, Pakistan was kept on the Grey List by the FATF in 2018.
  • After Pakistan’s removal from the list, it will be relatively easy for the South-Asian nation to receive grants and aid from international organizations viz. the World Bank, the IMF, the ADB, etc.
  • Along with Pakistan, the Central American nation, Nicaragua was also removed from the FATF’s Grey List while Myanmar was added to the FATF’S Black List.
  • FATF is an intergovernmental institution that was established in 1989 with its headquarters in Paris, France. The current President of the FATF is T Raja Kumar.


Q.1 Which of the following countries was recently removed from the FATF’s Grey List?
  1. Pakistan
  2. Nicaragua
  3. Myanmar
a. I Only
b. II Only
c. I, II Only
d. I. II, III

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