FATF to undertake next review of Pakistan’s Progress in October 2019: Ministry of Finance

June 21, 2019 (MLN): The Government of Pakistan has reiterated its commitment to ensure the completion of the action plan in a timely manner by taking all necessary measures.

According to a statement issued by the Ministry of Finance, the Plenary Meeting of Financial Action Task Force (FATF) took place at Orlando, USA, from June 16-21, 2019 which reviewed the compliance of a number of countries, including Pakistan with the international standards on Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT).

FATF reviewed progress made by Pakistan towards the implementation of the Action Plan. It acknowledged the steps taken by Pakistan to improve its AML/CFT regime and highlighted the need for further actions for implementing the Action Plan.

FATF will undertake the next review of Pakistan’s Progress in October 2019.


Copyright Mettis Link News

Posted on: 2019-06-21T23:50:00+05:00