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Pakistan called reports about Blacklisting by FATF “baseless”

FATF has blacklisted Pakistan for its failure to stop the terror groups that resulted in multiple terror attacks in India. However, hours after the blacklisting, the Pak Finance Ministry has rubbished the reports and called it “Baseless and Incorrect.” FATF found Pakistan non-compliant on 32 of 40 compliance parameters. Pakistan needs to focus on FATF blacklist in October to comply with 27 of the compliance parameters.