ISLAMABAD – Evaluation report of Pakistan regarding the Financial ActionTask Force (FATF) has revealed that 36 out of 40 targets have beenachieved by Pakistan.
The report on curbing money laundering and terror financing, Pakistan wasfully compliant with only one recommendation ‘Financial institution secrecylaw’ while being hugely complaint with nine of the 40 recommendations.
Pakistan was also partially complaint with 26 recommendations whereas thenation failed to be complaint with just four recommendations.
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According to the document, there was a slowdown in the action against theBenami assets and institutions.
