Business Desk 
Jun 15, 2025
India's bid to push Pakistan on the Financial Action Task Force (FATF) grey list has failed yet again. The international authority on money laundering and terror financing opted to keep Pakistan on a continued reporting basis and to not downgrade its status.
The FATF is a global body that observes issues of countries attempting to promote illegal money flows and funding for terrorist groups.
However, various concerns about a weak financial system with lax controls led to the blacklisting of Pakistan on the grey list in 2018.
After Pakistan instituted significant improvements to their laws and systems, they were removed from the grey list in October 2022.
Reportedly, India, with Israeli's help, mounted a strong effort to put Pakistan back on the grey list at the most recent FATF meeting.
In the end, their efforts were fruitless. China, a significant member of the FATF, was clearly in support of Pakistan. Turkey and Japan also supported Pakistan's case.
Source information indicated that the majority of members of the FATF believed India's case against Pakistan was a political campaign and lacking in facts.
Officials stated that the FATF acknowledged Pakistan's advances in anti-money laundering (AML) and combatting the financing of terrorism (CFT), and so, rather than serving a grey listing, the country was kept on a "reporting" status. Hence, this is considered a diplomatic victory for Pakistan.
Finance Minister Muhammad Aurangzeb also reacted to the news, and he stated that India's attempts were dismissed once more by the international side.
