UK removes Pakistan from list of ‘high risk’ countries

The United Kingdom on Monday removed Pakistan from its list of “high risk” countries, Foreign Minister Bilawal Bhutto-Zardari tweeted.
“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,” the minister wrote in a tweet.

“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,” it further added.

The UK government included Pakistan to its list of 21 high-risk nations with inadequate measures in place to combat money laundering and terrorism funding in April 2021.