India fails to ‘push Pakistan back’ onto FATF grey list

ISLAMABAD: India suffered a diplomatic setback in its bid to have Pakistan re-listed on the Financial Action Task Force (FATF) grey list amid “strong opposition from member states”, sources said on Saturday.

Diplomatic sources told Geo News that the Indian delegation made a “concerted push” to place Pakistan back on the grey list, citing concerns related to financial regulations and counter-terror financing.

However, China took a firm stance in Pakistan’s favour, advocating for continued relief and acknowledging the country’s progress on FATF requirements. Turkiye and Japan also extended their full support to Pakistan, further undermining India’s effort.

In October 2022, the FATF — a global money laundering and terrorism financing watchdog — removed Pakistan from a list of countries under “increased monitoring”, also known as the “grey list”