Reportedly FATF (Financial Action Task Force) plenary session convened on Sunday in Paris and concludes on October 18. In a statement ahead of the plenary an FATF statement said that the areas of discussion would include "Progress by Iran, pakistan and other countries that present a risk to the financial system". Presently pakistan is in trouble with adverse review reports which will come up for discussion this week. While pakistan will submit a dossier of actions taken by Islamabad against terror financing and money laundering, FATF will finalize its decision on pakistan on Friday, Oct 18 in Paris.

Image result for Why <a class='inner-topic-link' href='/search/topic?searchType=search&searchTerm=PAKISTAN' target='_blank' title='pakistan-Latest Updates, Photos, Videos are a click away, CLICK NOW'>pakistan</a> is isolated by all countries in FATF?

Further according to FATF rules there is one essential stage between Grey and Black List, referred to as Dark Grey and this is the issuance of a strong warning, so that the concerned country gets one last chance to improve. As per indications pakistan will be isolated by all members for not doing enough.



Moreover India, UK, US, france and many other nations have been consistently pushing for action against these terror networks and terrorists but to no avail and hence Friday will be crucial for Pakistan. Apparently with support from China, malaysia and turkey and pakistan may not be blacklisted since only a minimum of three votes are required to prevent a blacklisting at FATF but to get off the grey list, pakistan would require the support of 15 nations which it does not have as of now.


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