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.

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