ISLAMABAD – Pakistan will submit a third report on measures being taken bythe government in compliance with recommendations of the Paris-basedFinancial Action Task Force (FATF) and its regional affiliate theAsia-Pacific Group (APG) till April 15.
The compliance report – regarding progress achieved by Pakistan to curbterrorism financing and money laundering – would be taken up by FATF reviewgroup in its meeting scheduled to be held in May.
The next meeting will be crucial, as Islamabad will be scrutinised for itsperformance related to key recommendations of the FATF and Pakistan willhave to demonstrate action on ground against the proscribed outfits to curbthe terror financing front.
Read Top Stories
The watchdog will review Pakistan’s overall progress on global standardsagainst financial crimes to warrant its exclusion from its grey list.
