In March 2023, Global AML index places Pakistan in the risk category.

  • A. Low
  • B. Medium
  • C. High
  • D. Alert

Correct Answer: B. Medium

Following Pakistan`s exit from the Financial Action Task Force`s (FATF) grey list, a global body of banking supervisory authorities has acknowledged the progress made by the country in the overall regulation of the financial affair slightly lowering the risk score of the country. `Pakistan`s overall ML/TF [money laundering and terrorist financing] risk score in the Basel AML Index (Public Edition) is 6.16. This places it in the medium-risk category compared to other global jurisdictions.

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