By Muhammad Luqman
World Anti-Money Laundering organization, Financial Action Task Force (FATF) has appreciated the continued progress made by Pakistan in implementing FATF standards.
“At the Buenos Aires meeting of FATF, the proceedings in the International Cooperation Review Group (ICRG) of FATF has appreciated the continued progress made by Pakistan,” Foreign Office spokesman, Dr. Muhammad Faisal said.
Pakistan successfully completed the Action Plan on the implementation of the FATF standards in February 2015.
Dr. Faisal said that the list of countries of concern to FATF is available on FATF’s website which does not include Pakistan.
The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d’action financière (GAFI), is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering
“Pakistan remains committed to combating terrorism in all its forms and manifestations, said Spokesperson of Foreign Office.
The FATF is an international body that sets standards relating to combating of money laundering and terrorist financing. “FATF reviews measures taken by all States on an ongoing basis for implementing those standards,
