Pakistan gets a leeway of 5 months for compliance with FATF's conditions

MG News | April 08, 2020 at 11:05 AM GMT+05:00

0:00

April 8, 2020 (MLN): The Financial Action Task Force (FATF) has provided Pakistan with a leeway of 5 additional months, for compliance with the 13 outstanding conditions for money laundering and terror financing.

Several media agencies on Wednesday reported that the step was taken after taking into consideration the outbreak of COVID-19 across the globe.

By virtue of this decision, Pakistan’s performance review shall take place in October instead of June.

Copyright Mettis Link News

Related News

Textile exports drop to $1.4bn in August

Pakistan's Power sector attracts net FDI of 86.5m in August

China leads FDI in Pakistan with net inflow of around $69m in August

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,420.00	117,680.00 117,405.00	-350.00 -0.30%
BRENT CRUDE	67.52	68.42 67.19	-0.43 -0.63%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.23	63.31 63.21	-0.03 -0.05%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%