FATF observed that Pakistan needed to further demonstrate that investigations and prosecutions were being pursued against the senior leadership of UN-designated terror groups, which include the Lashkar-e-Taiba, Jaish-e-Mohammed, al-Qaeda and the Taliban.
What is Financial Action Task Force (FATF)?
The FATF is an inter-governmental body set up in 1989.
Objective: To combat money laundering, terror financing and other related threats to the international financial system.
Currently, it has 39 members.
Pakistan has been on the grey list since June 2018.
