For how many years was Pakistan placed on the FATF Grey List for the first time?

Pakistan was placed on the FATF Grey List for the first time in 2012 and remained on the list for 3 years until 2015.
What is the FATF Grey List?

The Grey List includes countries that are considered jurisdictions under increased monitoring.
It... Read More

1 PAKISTAN STUDIES MCQS

For how many years was Pakistan placed on the FATF Grey List for the first time?

  • 3 years
  • 5 years
  • 2 years
  • 1 year
Correct Answer: A. 3 years

Detailed Explanation

Pakistan was placed on the FATF Grey List for the first time in 2012 and remained on the list for 3 years until 2015.


What is the FATF Grey List?



  • The Grey List includes countries that are considered jurisdictions under increased monitoring.

  • It highlights nations that need to strengthen measures against money laundering and terror financing.

  • Countries on this list face financial restrictions and global scrutiny.


Pakistan’s Grey List History:



  • First Time: 2012 to 2015 (3 years)

  • Second Time: 2018 to 2022 (4 years)

  • Pakistan was removed from the Grey List in October 2022 after completing all FATF action plans.


Key Facts:



  • Organization: Financial Action Task Force (FATF)

  • Impact: Global financial scrutiny and economic pressure

  • Significance: Pakistan had to improve anti-money laundering and counter-terrorism financing frameworks


Therefore, the correct answer is that Pakistan was on the FATF Grey List for 3 years (2012–2015) the first time.

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