Times of Islamabad

Pakistan – FATF crucial talks kickoff in Sydney over Sanctions

Pakistan – FATF crucial talks kickoff in Sydney over Sanctions

SYDNEY – Talks between Pakistan and Financial Action Task Force (FATF)start in Sydney, Australia today (Tuesday).

Steps to prevent money laundering and terror financing are reviewed duringthe meeting.

A twelve-member Pakistani delegation headed by federal finance secretaryreached Sydney to participate in the meeting. The Pakistani delegation givebriefing on ten out of 27 recommendations of FATF during the meeting.

The Pakistani delegation give briefing on steps taken by federal andprovincial agencies to prevent terror financing.

The meeting to review sanctions on Pakistan in case of violation ofanti-money laundering law.

It is pertinent to mention here that Pakistan is committed to implementFATF s 27 recommendations by the end of September this year.