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November 2024
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Business News
Pakistan taken off from FATF's grey list; Myanmar in black list
 
New Delhi: After four years, Pakistan has been taken off from the infamous grey list of FATF, the global watchdog on terror financing and money laundering, in the wake of Islamabad's "high level political commitment" in dealing with the menace and carry out reforms in its existing monitoring mechanism.

Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list. Iran and North Korea continue to be in the black list.

In other decisions, Russia was barred from participating in future projects of FATF.


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KERALA NEWS
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INTERNATIONAL NEWS
64 arrested in London on Charles III coronation day
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NATIONAL NEWS
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