December 3, 2022

Britain removed Pakistan from the list of dangerous countries

Last month, the Financial Action Task Force (FATF), an international organization that monitors money laundering and terrorist financing, removed Pakistan from its “grey list”.

Bilawal Bhutto Zardari

Pakistan’s Foreign Minister Bilawal Bhutto Zardari has announced that Britain has officially removed Pakistan from the list of dangerous third world countries.

Foreign Minister Bilawal Bhutto informed about this important development on his Twitter account and wrote that ‘It is good news that on the early completion of the action plan of the Financial Action Task Force (FATF), Britain has designated Pakistan as a third world dangerous country. has been removed from the list.’

Bilawal Bhutto has shared the advisory notice issued by the Foreign Commonwealth and Development Office of the United Kingdom, the text of which states that the United Kingdom has modified the list of the most dangerous third world countries. With this amendment, Pakistan has been removed from the list in the context of the decision made by FATF on October 21, 2022.

The UK last year added Pakistan to its list of 21 countries in Schedule 3ZA (highest risk) under its Money Laundering and Terrorist Financing (Amendment) Regulations 2021.

Last month, the Financial Action Task Force (FATF), an international organization that monitors money laundering and terrorist financing, removed Pakistan from its “grey list”.

According to the FATF president, Pakistan was on the gray list since 2018. Pakistani authorities implemented 34 points of two different action plans related to anti-money laundering and terrorist financing.

He said that FATF appreciates this development. The FATF team has confirmed that the reforms have been made and a system is in place to implement them.

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