Categories: International

Pakistan to remain in grey list of FATF till Feb 2021

The global terror financing watchdog, Financial Action Task Force (FATF) has announced that Pakistan will continue to remain on its grey list till February 2021. This decision has been taken since Pakistan has not been able to fulfil six out of the 27 mandates to check terror funding. FATF has strongly urged Pakistan to swiftly complete its full action plan by February 2021.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

About FATF:

  • FATF objective is to combat money laundering, terror financing and other related threats to the international financial system.
  • It currently has 39 members which include two regional organizations, the European Commission and Gulf Cooperation Council.

Important takeaways for all competitive exams:

  • The headquarters of FATF is in Paris, France.
  • FATF was founded in July 1989.
  • Prime Minister of Pakistan: Imran Khan.
  • President of Pakistan: Arif Alvi.
  • Capital of Pakistan: Islamabad.

Find More International News

                                                हिंदी में पढ़ें 

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

UIDAI Launches Aadhaar Mascot ‘Udai’ to Make Aadhaar Services More People-Friendly

The Unique Identification Authority of India (UIDAI) has taken a significant step towards improving public…

6 mins ago

Which is the Oldest Railway Station of Odisha? Know About It

Odisha, a state in eastern India, has a rich history in culture, art and transport.…

8 mins ago

Which District of Uttar Pradesh is Known as the City of Rice?

Uttar Pradesh is one of the largest states in India and is known for its…

10 mins ago

Pravasi Bharatiya Divas (PBD) 2026: Date, History, Significance and Key Facts

Pravasi Bharatiya Divas (PBD), also known as Non-Resident Indian (NRI) Day, is observed every year…

15 mins ago

Which City is known as the Wheat Granary of India?

India is one of the world’s leading wheat-producing countries, and this crop plays a major…

1 hour ago

Which River is known as the Sky River of the Himalayas?

High in the majestic mountains, some rivers flow through steep valleys and snow-covered peaks, creating…

2 hours ago