Pakistan had to accept India in the cycle of getting blacklisted from FATF. Pakistan can get out of the gray list in the first half of next year.
Private TV has claimed, citing sources, that Pakistan could be removed from the gray list in the first half of next year. Pakistan will move from the gray list to the white list. Pakistan may also be eligible to become a member of the FATF after being blacklisted. Sources claim that India's efforts to blacklist Pakistan were embraced by it, now Pakistan is not India's blacklist. I am more likely to go. FATF will take stock of India's performance in the first half of 2021. Money laundering from India, active support for terrorism will be at the forefront. Money laundering of 44 Indian banks will be the focus of the Terror Financing Task Force, which has increased the chances of India being blacklisted. While the other Pakistan is likely to move from the gray list to the white list.
It is to be noted that Pakistan has taken tough decisions regarding FATF and legislation has also been passed in the National Assembly due to which there are chances of Pakistan getting out of the gray and coming to the white list.
