Financial Action Task Force  

Pakistan may remain on the grey list of the Financial Action Task Force (FATF) beyond February 2020, mainly because of its risk profile and in view of two simultaneous evaluations.

 A statement by the Financial Action Task Force said that Pakistan has only addressed five of the 27 action items, with varying levels of progress made on the rest of the action plan.
 

The US will exert pressure on Pakistan to refrain it from indulging in any cross-border infiltration or providing material or financial support to terrorist activities in India, particularly in Kashmir.  US officials warned Pakistan of facing an imminent prospect of being blacklisted by the Financial Action Task Force (FATF) if Islamabad doesn't act on its commitments against terrorism financing.

Pakistan has been put on the Financial Action Task Force (FATF) blacklist. Watch this video to know what is FATF and why it was formed.