Explained: What is FATF Grey List

Delhi, Jan 24: As a major blow to India's diplomatic efforts, according to Pakistani daily The News International reports, the South Asian country has certainly chances of exiting the "grey list" of global terror watchdog Financial Action Task Force (FATF).

The plenary of the Paris-based anti-terrorism inter-governmental body to be held on February 16 this year.

China convinced FATF at its 3-day review meeting in Beijing to evaluate Pakistan from grey list.

Islamabad needs 12 votes out of total 39 in the plenary meeting of the FATF which will be held in Paris.