ISLAMABAD/PARIS: The media reports have surfaced that Pakistan has been placed on the Financial Action Task Force list in Paris.
However Financial Action Task Force (FATF) spokespersonAlexander Daniela denied that Pakistan had been included in the grey-list.
A final decision will come after the meeting reviewing the matter has concluded. The meeting is currently underway.
Earlier it was reported that China, Turkey, Russia and Saudi Arabia have objected to the US move on placing Pakistan on the FATF watchlist.
Meanwhile, the Pakistan Foreign Office spokesperson said that a request to include Pakistan in the grey-list was made earlier in January by the United States and Britain. Adding that, "Pakistan has serious concerns over the motion moved by US and UK at the Financial Action Task Force to put the country on the grey list."
The reservations tabled before the FATF are those of America, the spokesperson added. He specified that Pakistan has already taken action against most of the reservations, including implementing its own national action plan (NAP).
The FO spokesperson further added that reports from the FATF and the International Cooperation Review Group (ICRG) are still awaited.
Earlier in the day, Indian media had misreported that a decision regarding including Pakistan in the grey-list had been made.
On 21 February, Foreign Minister Khawaja Asif tweeted that “no consensus [could be reached] for nominating Pakistan” to be added to the FATF’s list of nations that monetarily support terrorism.
Expressing gratitude at the decision, Asif said Pakistan's efforts paid off and the convening states proposed a "three months pause" and asked for the Asia Pacific Group, which is part of FATF , to consider "another report in June".
"Grateful to friends who helped," the minister added.
FATF is a global body that combats terrorist financing and money laundering. Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF , a measure that officials fear could hurt its economy.