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Which country has been placed on 'Grey list' by Financial Action Task Force (FATF)?
  • a)
    Bangladesh
  • b)
    Pakistan
  • c)
    Israel
  • d)
    Iraq
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which country has been placed on 'Grey list' by Financial Acti...
The placement on the grey list could hurt Pakistan's economy as well as its international standing. The announcement comes a day after Pakistan submitted a comprehensive 26-point action plan to the FATF (Financial Action Task Force) to choke the funding of militants groups, including Mumbai attacks mastermind Hafiz Saeed-led JuD and its affiliates, to avoid being blacklisted by it. The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.
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Which country has been placed on 'Grey list' by Financial Acti...
Pakistan has been placed on grey list in last month by FATF.
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Which country has been placed on 'Grey list' by Financial Action Task Force (FATF)?a)Bangladeshb)Pakistanc)Israeld)IraqCorrect answer is option 'B'. Can you explain this answer?
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