Islamabad: The Pakistan Senate on Tuesday passed with amendments anti-money laundering (AML) and foreign exchange regulations bills that have already been approved by the National Assembly.

Both the bills, meant to comply with the Financial Action Task Force (FATF) conditions, will now be sent back to the National Assembly for reconsideration in the light of amendments suggested by the upper house of parliament.

Since June 2018, the FATF has placed Pakistan on the grey list — a category of countries whose mechanisms to curb money laundering and terror financing are seriously deficient.

The FATF plenary is set to review Pakistan’s status on Feb 16 amid chances that the country may remain on the grey list for another few months.