PAKISTAN continues to remain in the ‘Grey List’ of FATF as the global body against money laundering and terror financing on Friday said that Islamabad has failed to take action against UN-designated terrorists like India’s most wanted Hafiz Saeed and Masood Azhar.

The FATF also said that Pakistan should continue to work to address its strategically-important deficiencies.

Financial Action Task Force (FATF) President Marcus Pleyer said that the decision has been taken at the conclusion of the virtual plenary of the Paris-based organisation.

Pakistan continues to remain on “increased monitoring list”, Pleyer said at a virtual press conference. “Increased monitoring list” is the another name for the ‘Grey List’. Pleyer said, Pakistan has now completed 26 of the 27 action items given to it 2018.

The FATF has asked Pakistan to take action against UN designated terrorists, he said. The UN designated terrorists based in Pakistan include Jaish-e-Mohammed (JeM) chief Azhar, Lashker-e-Toiba (LeT) founder Saeed and its ‘operational commander’ Zakiur Rehman Lakhvi. Azhar, Saeed and Lakhvi are most wanted terrorists in India for their involvement in numerous terrorist acts, including 26/11 Mumbai terror attacks.