The Financial Action Task Force (FATF) on Thursday gave an extension of four months to Pakistan to act against organisations involved in terror financing.
Maintaining Pakistan in the Grey List, the task force said “All deadlines given to Pakistan to check terror funding ended, it failed to complete its action plan in line with an agreed timeline and failed to check terror funding risks emanating from its jurisdiction. FATF warns Pakistan of action if it fails to prosecute, penalise on terror funding acts by June.”
That group also stated that Pakistan largely addressed 14 of 27 action items. The decision