Pakistan fails to check terror group funding, stays on FATF's 'Grey List'

The global terror financing watchdog, Financial Action Task Force, on Wednesday decided to keep Pakistan on the ‘Grey List’ as it has failed to check flow of money to terror groups like the LeT and the JeM, officials said.

The decision was taken at the FATF's  third and final plenary held virtually because of the Covid-19 pandemic.

The plenary was held under the Chinese Presidency of Xiangmin Liu.

“The FATF plenary decided continuation of Pakistan in ‘Grey List’ till its next meeting to be held in October,” an official privy to the development said. The decision has been taken as