Pakistan still in FATF ‘grey list’, June 2021 deadline to implement action plan

• Global terror financing watchdog, Financial Action Task Force (FATF) on Thursday retained Pakistan on its "grey list" till June after concluding that Islamabad failed to address its strategically important deficiencies, to fully implement the 27 point action plan that the watchdog had drawn up for Pakistan. The global watchdog had in October last year asked Pakistan, which has been on the FATF grey list over issues related to terror financing, to deliver on all 27 points by this February. "To date, Pakistan has made progress across all action plan items and has now largely addressed 24 of the 27 action items. As all action plan deadlines have expired, the FATF strongly urges Pakistan to swiftly complete its full action plan before June 2021," FATF said in a statement at the outcome of a plenary that began on Monday. Watch the full video for more details.