After Operation Sindoor, pakistan may get another setback. According to sources, india can take initiative to include pakistan in FATF's gray list again. For this, india can talk to the financial action task force (FATF) soon. If this happens, pakistan will have to suffer a big loss financially. Actually, the country included in the gray list of FATF has to undergo strict financial monitoring. During this, it is seen that the financial assistance received by the country is not being used for money laundering and terrorism.
Pakistan was included in the gray list of FATF in 2018. After many efforts, Pakistan was able to come out of this list in 2022. In such a situation, if it is included in the gray list once again, then it will be a big diplomatic victory for India. Let's know what is FATF? What is the loss caused by being included in its grey list and which countries are currently included in the grey list.
What is FATF's grey list?
The financial action task force issues two types of lists. One of these is the grey list and the other is the black list. The country included in these lists has to suffer a big loss. The black list includes those countries which do not follow the rules of FATF and are engaged in money laundering and financing terrorism. At the same time, those countries are included in the grey list which have some shortcomings in stopping money laundering and terrorist funding, but they are ready to cooperate with FATF to get out of it. Investment in the country decreases due to inclusion in this list. Many big investors withdraw their investment, apart from this, the financial help received by the country also decreases. Monitoring increases on how the funding is being used, in which works the government is using them. Apart from this, many restrictions are also imposed on the country included in the grey list, which also damages its credibility.
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