The FATF’s ‘Do More’

Khawaja Idrees considers the question of whether Pakistan will manage an exit from the FATF gray list on February 25th, 2021, or any time soon? Predicting one or the other way is difficult, however, one thing is certain – Pakistan will not go to the black list. Whether Pakistan exits or not, depends more on our foreign relations than compliance with the technical standards. Given Pakistan’s serious efforts to comply, if the country manages an exit from the grey list, she should remain on her toes. With India being a member of the FATF, Pakistan’s FATF-woes are not likely to end too soon. The solution lies in making the country economically strong enough that twisting her arm hurts the Have-countries-this will take time.