Financial Action Task Force (FATF), going on in Paris, will review Pakistan's case today. 

In the ongoing important meeting of FATF from June 24-29 in France, there remain a possibility of putting Pakistan on 'grey-list' of FATF.  

Dr Shamshad Akhtar, caretaker Finance Minister, will reach Paris today with the official team of financial monitoring unit to pursue Pakistan’s case.

Dr Akhtar and her team will will brief and inform the meeting about steps taken by the country to stem terror financing and money laundering, and put up a strong case on not placing its name on the grey list.

Earlier in February, It was decided during a plenary meeting of FATF To place Pakistan on the global money-laundering watchdog’s grey list. 

Then, as a result, the National Security Committee (NSC) on June 8 reaffirmed its commitment to cooperate with FATF.

A statement was issued after the NSC meeting, "The committee reaffirmed the commitment of the country to work with FATF and other international organisations in achieving common goals and shared objectives"

Moreover, Pakistan also took measures in keeping with FATF regulations. In this regard, on June 20, the Securities and Exchange Commission of Pakistan (SECP) issued 'Anti Money Laundering and Countering Financing of Terrorism Regulations 2018', following FATF's recommendations.

In the past, from 2012 to 2015, Pakistan was placed on the FATF grey list. 

Whereas, FATF is a global body that work against terrorist financing and money laundering.

Pakistan has been struggling in recent past to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF. Officials fear that the measure could hurt country's economy.