ISLAMABAD: Financial Action Task Force’s (FATF) delegation will visitPakistan next month for the crucial visit over exclusion of Pakistan fromthe greylist.
Federal government and concerned departments have started preparing for thedelegation’s visit.
According to media reports, a meeting of the policy board of Securities andExchange Commission of Pakistan (SECP) has also been called today(Wednesday) to review matters ahead of the visit.
The SECP meeting will be chaired by the finance secretary and a nine-pointagenda will come under discussion.
SECP has prepared a working paper against money laundering and terrorfinancing which includes recommendations for measures to identify domesticand foreign transactions.
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During its visit, the FATF delegation will put forth recommendationswhether to remove Pakistan from its grey-list or to add it to the blacklist.
Last month, Finance Minister Asad Umar informed the Senate that the FATFhad given Pakistan 15 months to comply with its requirements, with thedeadline set to expire in September 2019.
