FATF to decide on Pakistan’s Action Plan on Friday 29 June next week

MG News | June 20, 2018 at 02:58 PM GMT+05:00

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Financial Action Task Force is set to review Pakistan’s Action Plan and announce a decision regarding Pakistan’s inclusion in ‘black-list’ of countries that financially aid terrorism on Friday 29^th of June, 2018.

While speaking to MG Link News, spokesperson for FATF informed that the meeting will begin on Monday, 25^th June and will review Pakistan’s Action plan up until Friday, June 29^th before announcing the decision later that day.

The Paris based international financial watchdog will convene a plenary meeting during the coming week to review Pakistan’s Action Plan aimed at mitigating money laundering and terror-financing activities in the country.

If the Draft Action Plan is rejected, the plenary committee may decide to Pakistan on the ‘black-list’ of countries that financially aid terrorism.

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