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| 1. |
Which country has been placed on 'Grey list' by Financial Action Task Force (FATF)? |
| Answer» The placement on the grey list could hurt Pakistan's economy as well as its international standing. The announcement comes a day after Pakistan submitted a comprehensive 26-point action plan to the FATF (Financial Action Task Force) to choke the funding of militants groups, including Mumbai attacks mastermind Hafiz Saeed-led JuD and its affiliates, to avoid being blacklisted by it. The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system. | |