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FATF Team Expected In Pakistan for ‘Final Talks’

The delegation will meet with officials and will review measures taken by the government to stop the financing of terrorism. 

Pakistani authorities and representatives of Financial Action Task Force (FATF) will begin their final round of talks in Islamabad this week, according to Pakistan’s Geo News.

The report said that the FATF Asia-Pacific team is scheduled to arrive in the capital on Monday night on a two-week visit where they will meet with officials of finance and interior ministries, the financial monitoring unit, and the State Bank.

Sources told Geo News that FATF officials will review administrative and legal measures taken by the Pakistani government to stop terror financing.

According to the report a number of amendments and recommendations have been proposed by the financial watchdog. 

Pakistan was formally added to the grey list of countries involved in providing monetary assistance to terrorism and related causes after a June meeting of FATF in Paris.

FATF, a global body that combats terror financing and money laundering, had taken the decision to place Pakistan on its grey list during a plenary meeting in February this year. The country was also included in the list from 2012 to 2015.

World

FATF Team Expected In Pakistan for ‘Final Talks’

The delegation will meet with officials and will review measures taken by the government to stop the financing of terrorism. 

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Pakistani authorities and representatives of Financial Action Task Force (FATF) will begin their final round of talks in Islamabad this week, according to Pakistan’s Geo News.

The report said that the FATF Asia-Pacific team is scheduled to arrive in the capital on Monday night on a two-week visit where they will meet with officials of finance and interior ministries, the financial monitoring unit, and the State Bank.

Sources told Geo News that FATF officials will review administrative and legal measures taken by the Pakistani government to stop terror financing.

According to the report a number of amendments and recommendations have been proposed by the financial watchdog. 

Pakistan was formally added to the grey list of countries involved in providing monetary assistance to terrorism and related causes after a June meeting of FATF in Paris.

FATF, a global body that combats terror financing and money laundering, had taken the decision to place Pakistan on its grey list during a plenary meeting in February this year. The country was also included in the list from 2012 to 2015.

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