Explanation
FATF Stands for Financial Action Task Force.
Headquarters located in Paris & founded in 1989.
FATF recently meeting held in Paris from 01-03-2022 to 04-03-2022.
FATF once again retained Pakistan on grey list.
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Pakistan needs 12 votes out of 39 to exit the “grey" list and move up to join countries that do not require monitoring.
