UK removes Pakistan from High-Risk Third Countries list: FM

Foreign Minister Bilawal Bhutto Zardari has said the United Kingdom removed Pakistan’s name from its High-Risk Third Countries list in recognition of effective measures against money laundering and terror financing.

The FM took to Twitter to share the achievement, saying: “Some good news. The United Kingdom has officially removed Pakistan from its list of High-Risk Third Countries following our early completion of FATF action plans.” 

Some good news. The United Kingdom has officially removed Pakistan from its list of ‘High Risk Third Countries’ following our early completion of FATF action plans. 🇵🇰 🤝 🇬🇧 pic.twitter.com/clcGHy5771

— Bilawal Bhutto Zardari (@BBhuttoZardari) November 14, 2022

He also posted the official document. “His Majesty’s Treasury issued an amendment to the UK’s High-Risk Third Countries’ list on November 14, 2022, through a Statuary Instrument. The amendment removes Pakistan from the list in accordance with the decision taken by the FATF on October 21, 2022,” the official document read.

“The Foreign, Commonwealth and Development Office recognizes the progress Pakistan has made to improve money laundering and terrorist financing controls.

Last month, the FATF, a global money-laundering and terrorism-financing watchdog, finally removed Pakistan from its grey list after four years.

The global body’s President Raja Kumar had announced that Pakistan’s name has been removed from the “grey list” as the country addressed all 34 points of the action plan.