No room to keep Pakistan on FATF's 'grey list', says Shah Mahmood Qureshi

Foreign Minister Shah Mahmood Qureshi said there was 'no room' for Pakistan to remain on the FATF's 'grey list,' citing the country's implementation of 26 of the global body's 27 points of action to combat money laundering and terrorist financing.

Foreign Minister Shah Mahmood Qureshi on Saturday said there was 'no room' to keep Pakistan on the FATF's 'grey list' since it has implemented 26 out of the 27 points of the action handed out by the global body against money laundering and terror financing. Qureshi's comments came a day after the Financial Action Task Force (FATF), during its plenary meeting from June 21-25, retained Pakistan in its 'grey list' for failing to check money laundering, leading to terror financing.