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In a report, Moody's Investors Service said the announcement is credit negative for Pakistani banks
Islamabad's best chance is to get 'largely-compliant' rating on curbing terror financing.
The FATF retained Pakistan on the Grey List and warned the country of action for its failure in combating money laundering and terror financing
Pakistan has been placed on so-called "enhanced follow-up" in line with FATF's evaluation procedures
Pakistan was previously on the "grey list" from 2012 to 2015