Pakistan, June 15 -- ISLAMABAD - India's recent attempt to push Pakistan back onto the Financial Action Task Force (FATF) grey list has failed, as the global watchdog chose not to downgrade the country's status. Instead, FATF decided to keep Pakistan under a "reporting" mechanism, acknowledging its continued progress in tackling money laundering and terrorist financing.

During the latest FATF session, Indian representatives actively lobbied for Pakistan's re-inclusion in the grey list. However, Pakistan received strong support from several key countries, including China, Turkey, and Japan, which blocked India's move and helped maintain Islamabad's current standing.

Sources revealed that India, with backing from Israel, tried to use the ...