Pakistan: Global Financial Watchdog Holds Off Blacklisting Islamabad

Pakistan avoided being placed on the blacklist of the Financial Action Task Force (FATF) for terrorist financing and money laundering risks during the global financial watchdog's meeting in Orlando, Florida, the week of June 9. Support from Turkey, China and Malaysia was needed to block the India-backed measure, Dawn reported June 20. The 36-member FATF will formally announce the decision in Paris during its October meeting. ...