Pakistan’s position on the World Anti-Money Fraud Index rises.
Pakistan has made significant progress in the global fight against money laundering, resulting in an improved ranking on the global anti-money laundering (AML) index.
Since being removed from the Financial Action Task Force’s (FATF) grey list, the country’s overall financial regulation has improved, resulting in a lower risk score according to the latest update of the Basel AML Index briefing’s Expert Edition on Pakistan.
Pakistan’s ML/TF risk score now stands at 6.11, down from 6.16, placing it in the medium-risk category compared to other global jurisdictions.
The FATF has rated Pakistan as “largely compliant” with the majority of its 40 recommendations, with the country only “partially compliant” in R15 and R38. After being placed on the increased monitoring list in 2018, Pakistan was removed from the grey list in October 2022, having previously exited in 2010 before being re-listed in 2012 and remaining on the list until 2015.