Pakistan Removed From Terror-Financing List After Four Years
- Pakistan added in 2018 for shortcomings on illicit money
- Congo, Tanzania and Mozambique removed from ‘gray’ list
Photographer: Ishara S. Kodikara/AFP/Getty Images
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A global anti-money laundering watchdog removed Pakistan from its “gray” monitoring list after four years, providing relief for the South Asian nation that is facing a crisis.
The Paris-based Financial Action Task Force said the country “has strengthened the effectiveness” of its regime for anti-money laundering and combating terror financing, and addressed technical deficiencies to meet the commitments of its action plans.