May 16, 2025 11:05 AM
Back to the Grey List? Renewed Scrutiny for Pakistan’s Consistent Failure to Meet Terror Finance Standards
Pakistan’s record with the Financial Action Task Force (FATF) reads like a trilogy of broken promises. From 2008 to 2022, the country slipped onto – and briefly wriggled off – the Grey List three times. The first listing, on 28 February 2008, lasted 848 days; the second, from 16 February 2012, ran for 1,106 days; and the third, beginning 28 June 2018, dragged on for 1,576 days. With each removal, Islamabad issued florid assurances, yet the underlying machinery of terror finance remained in...