Pakistan has some good news from the FATF Asia Pacific Group
LAHORE - The Financial Action Task Force (FATF)'s Asia Pacific Group expressed satisfaction over Pakistan's measures to clampdown terror financing in the past four to five months.
According to details, Pakistan has submitted a reply to the FATF briefing about the measures Pakistan took in the past four to five months to snub the terror financing in the country.
Minister for Economic Affairs Hammad Azhar told the media in Bangkok on Wednesday that the fifteen-member Pakistani delegation has held technical talks with the FATF team.
"We briefed the FATF team about the performance of Pakistan in the past four months to improve measures related to terror financing," Azhar told reporters.
The minister informed the media that the FATF group would now compose a report on Pakistan based on the briefing provided to them. This report would be the basis upon which the FATF will decide where to place on their financial watch-list.
Earlier on Monday, the FATF’s Asia Pacific Group had scrutinised Pakistan’s compliance report on supervision of regulatory regime and investigation against outfits and persons involved in offences of terror-financing.