The international terror financing watchdog FATF is expected to take strong action on Pakistan, given its inadequate performance on terror financing as it managed to pass in only 6 of the 27 items, sources said.
They said the country may be put in the ‘Dark Grey’ list, the last warning to improve.
According to the sources, Pakistan will be isolated by all members of the FATF for not doing enough.
The Financial Action Task Force (FATF) will finalise its decision on Pakistan on October 18.
Pakistan was placed on the Grey List by the watchdog in June last year and was given 15 months to complete the implementation of point action plan, failing which it be placed in the Black List.
As per the FATF rules, there is one essential stage between ”Grey” and ”Black” lists, referred to as ”Dark Grey”. This means the issuance of a strong warning, so that the country concerned gets one last chance to improve.
