LAHORE – The Financial Action Task Force (FATF)’s Asia Pacific Groupexpressed satisfaction over Pakistan’s measures to clampdown terrorfinancing in the past four to five months.
According to details, Pakistan has submitted a reply to the FATF briefingabout the measures Pakistan took in the past four to five months to snubthe terror financing in the country.
Minister for Economic Affairs Hammad Azhar told the media in Bangkok onWednesday that the fifteen-member Pakistani delegation has held technicaltalks with the FATF team.
“We briefed the FATF team about the performance of Pakistan in the pastfour months to improve measures related to terror financing,” Azhar toldreporters.
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The minister informed the media that the FATF group would now compose areport on Pakistan based on the briefing provided to them. This reportwould be the basis upon which the FATF will decide where to place on theirfinancial watch-list.
Earlier on Monday, the FATF’s Asia Pacific Group had scrutinised Pakistan’scompliance report on supervision of regulatory regime and investigationagainst outfits and persons involved in offences of terror-financing.
