Question: After FATF's plenary session held from 21st October, 2020 to 23rd October, 2020, Pakistan has been kept on Grey List Until__________?
A- October 2022
B- March 2021
C- February 2021
D - None of these
Here is short details:-
- Given 04 Months to complete all the action points until February, 2021
- Until now Pakistan has complied with 21 out of 27 points of action items (Remaining 6) (New addition: 7 Points).
- Prior to 21 Points, (Pakistan Completed: 14 Points out of 27)
- One needs 12 out of 39 members votes to move out Grey list.
- Till Now: 18 Countries are on the Grey List, while 2 Nations are on the Black List (1). Iran (2). South Korea.
- Pakistan was placed on the Grey List in June 2018.
- Prior to this, Pakistan was also on the Grey list from 2013 to 2016.
- FATF founded: July 1989 and its Members are 39.
- FATF Headquarters in Paris and France
- FATF President Mr. Marcus Pleyer.
- The Main purpose of this organization is to check the money launder and terror financing.
The Answer is
C: February 2021
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