FATF seeks clarifications on Pakistan's compliance report.

ISLAMABAD -- Pakistan has received 150 questions from the Joint Group of the Financial Action Task Force (FATF) in response to the report it submitted earlier this month, seeking clarifications, updates, and action against madrassas belonging to proscribed outfits, The News reported.

A top official source told media it had received a response from FATF. 'Yes we did receive a response from FATF on our compliance report through an email. The body raised a set of 150 questions in the email, some of them seeking more data, some clarifications, and most importantly questions related to madrassas and actions taken against them having affiliation with proscribed outfits.'

Pakistan has been given until January 8, 2020 deadline to respond to the 150 questions. The next meeting of FATF meeting is scheduled to be held from January 21 to 24 in Beijing where Pakistan will be given an opportunity to defend the points in the compliance report.

Pakistan is expecting that FATF may grant it another relaxation probably up to June 2020 in its upcoming plenary review meeting, as the February deadline is too short a period for Pakistan to comply with the remaining 22 action plans.

The task force kept the country on its grey list for an extended period till February 2020. In the previous meeting held in October, it had warned that Islamabad would be put on the blacklist...