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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan complies with 31 of 40 FATF directives: Hammad Azhar

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June 4, 2021 (MLN): Pak has achieved a compliant rating in 31 out of 40 FATF recommendations (MER technical compliance).

Making an announcement on his Twitter handle, Hammad Azhar, Minister for Energy said, “This is the parallel scrutiny being undertaken at FATF besides government’s current action plan. Upgrade of 20 criteria in less than 2 years is unprecedented in FATF history for any country.”

“This outcome is a result of major legal reforms (14 federal + 3 provincial laws with corresponding regulations). It is also due to the untiring efforts of the entire FATF team (20 ministries plus organizations),” he added.

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Posted on: 2021-06-04T15:22:00+05:00

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