The International Co-operation Review Group (ICRG) of the Financial Action Task Force (FATF) on Tuesday recommended that Pakistan be retained on the ‘Grey List’, given its failure to completely implement the 27point action plan to check terror financing.
The final decision would be announced on Friday, at the end of the five-day FATF Plenary session in Paris, sources aware of the proceedings said.
It is understood that most of the group members were in favor of continuing the pressure on Pakistan to execute all the measures suggested against funding to banned terror outfits and United Nations designated global terrorists operating from its soil.
Malaysia’s support
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