2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Russia
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Italy
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Sweden
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Pakistan
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Detailed explanation-1: -Pakistan has been removed from the list after four years.
Detailed explanation-2: -The financial Action Task Force (FATF) has removed Pakistan from its grey list after four years. This inglorious greylisting has adversely impacted Pakistan’s imports, exports, and remittances and limited its access to international lending.
Detailed explanation-3: -Pakistan is off the ‘grey list’ of the Financial Action Task Force (FATF) after four years, a development that has been welcomed across the country. What does that mean? Let’s start with FATF.
Detailed explanation-4: -This decision was taken during the FATF Plenary meeting held in Paris, France from 20-21 October 2022.
Detailed explanation-5: -As per the October 21, 2022 FATF public statement, Democratic Republic of the Congo, Mozambique and Tanzania have now been added to this list of Jurisdictions under Increased Monitoring – commonly known as grey list – while Nicaragua and Pakistan have been removed from this list based on review by the FATF.