ISLAMABAD – Pakistan officially responds over FATF grey listing at theParis moot.
Pakistan said it is committed to implementing the action plan of theFinancial Action Task Force (FATF), after the international terrorfinancing watchdog put Islamabad on notice, warning that the country willbe blacklisted if it does not control terror funding by February next.
The FATF voiced concern over Pakistan unable to deliver on 27 targets.
The Ministry of Finance in a statement said Pakistan’s delegation at theFATF reaffirmed its political commitment to fully implement the action plan.
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The Pakistan officials also held sideline meetings with various delegationsand briefed them about the progress on the FATF action plan and steps takenfor strengthening its AML/CFT framework, it said.
The Paris-based FATF gave the warning to Pakistan at its five-day plenarywhich concluded in the French capital on Friday while deciding to again putthe country on the ‘Grey List’
