Financial Compliance | MCQs

Explanation

On June 2018 FATF added Pakistan to its gray list

Pakistan needs 12 votes out of 39 to exit the “grey" list and move up to join countries that do not require monitoring. 

Pakistan has been removed from the list after four years n 21 October 2022

 on Thursday FATF decided to retain Pakistan on its ‘Grey List’ till June 2021

**

while 

On 24 February 2023, FATF added South Africa and Nigeria to its gray list

On 24 February 2023, FATF removed Cambodia and Morocco from its gray list