Ever since the inclusion in the greylist
, the government has taken multiple steps to curb money laundering including surprise checking of the exchange companies.
Presenting Pakistan's case at the FATF talks in Paris, Dr Shamshad Akhtar had apprised the watchdog of the steps the country has taken to stem money laundering and terror financing, and put up a robust case for not placing its name on the greylist
In February, the FATF plenary decided to place the country on the greylist
Our automated rating and restricting of unclassified applications proactively secures applications that have not yet been classified, allowing them to run in our greylist
mode, which restricts privileges and limits access to resources until automatically rated and classified.
Currently on the OECD greylist
, Anguilla is working hard at getting whitelisted.
Any request to the UK AUT to greylist
the university would only be made after full consultation with Swansea AUT members.
Since Barbra Streisand's vehicle, The Way We Were (written by gay "greylist
" victim Arthur Laurents, a writer not quite blacklisted but effectively banished from Hollywood for most of the 1950s) and The Front, the attempts to retell a thinly fictionalized version have continued.
One of the major conditions attached to $ 6 billion loan programme of the International Monetary Fund (IMF) is the implementation of 27 points action plan of the Financial Action Task Force (FATF) to get off Pakistan from the greylist
by September this year.
It is pertinent to mention that India has been aggressively lobbying to get Pakistan downgraded from the greylist
to the blacklist.
FATF has put Pakistan in the dock for terror financing and after review, there is a possibility of sanctions to be imposed and Pakistan to be put in greylist
India was very much instrumental in placing Pakistan on the greylist
. On March 12, Federal Minister for Finance Asad Umar pointed out that India has been lobbying against Pakistan and they started receiving messages that it was asking other members to put Pakistan on the blacklist.
Moreover, delegation of Financial Action Task Force' Asia Pacific Group added fuel to the fire, asking the country to do more to be pulled out of greylist
. Overwhelmed by the gloom and doom, investors failed to respond positively to the International Monetary Fund's confirmation that Pakistan has approached it for a bailout.