New Delhi: As the tension between New Delhi and Islamabad escalated after the Pahalgam attack that resulted in the loss of 26 lives, India is expected to approach the Financial Action Task Force to add Pakistan to its grey list. Most likely, the step is expected to be taken during the global body’s next meeting, news agency Reuters reported, citing a top government source.
The ‘grey list’ of the FATF accounts for jurisdictions that are under increased monitoring. When a country is placed under this list, it means that it has “committed to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring”.
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