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
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.
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