The Paris-based Financial Action Task Force while shortly announce its decision on Pakistan, which is on its “grey list” (a list serving as a warning for countries to halt terror funding and money laundering).

The press conferene was scheduled to commence at 4:30pm Berlin time (7:30pm local time) but it has been delayed as discussions are still continuing.

“It is difficult to predict how long discussions will continue. I hope the press conference will start between 1700 and 1730. Documents with the outcomes of the plenary will be sent out once the plenary has concluded,” according to a statement issued by the FATF.