Paris: The Financial Action Task Force (FATF) is expected to make a final decision today, whether to retain Pakistan on grey list as it wraps up its four-day plenary meeting which began on Monday.
The FATF president will give a press briefing on the outcomes of the FATF plenary at 9:30 pm (16:30 GMT) today.
The four-day meeting of the global anti-money laundering body, began on February 22 and today is its last day.
The meeting will review Pakistan’s measures against money laundering and decide whether it has done enough to exit grey-list.
Pakistan’s evaluation at the plenary would be based on 27-point action plan.
Pakistan sent its report to FATF for consideration according to which Pakistan has shown improvement in compliance on anti-money laundering and combating financing terror (AML/CFT) systems.
Pakistan has been shown improving compliance on two out of 40 recommendations of the FATF on effectiveness of AML/CFT systems.
Ahead of the plenary the FATF had updated the overall performance of all countries.
It is pertinent to mention here that Pakistan is under FATF grey list since June 2018.
The serious trend behind MSNBC’s silly new name
- 8 hours ago
'Devastating monsoon': UK pledges £1.33mn aid for Pakistan
- 7 hours ago
Call for strengthening security, economic cooperation, youth engagement within SCO
- 4 hours ago
Pakistan, China reaffirm ‘All-Weather Strategic Partnership’ during 6th Strategic Dialogue: FO
- 3 hours ago
Five policemen killed in attack in restive southeast Iran
- 6 hours ago
Glitter fades: Gold prices take a dip in Pakistan
- 8 hours ago
Rescue 1122 rescues 200 people after glacial burst in G-B's Ghizer
- 5 hours ago
Hardly 2.77pc candidates pass CSS written exam in Pakistan
- 6 hours ago
PM Shehbaz vows swift rehabilitation in flood-hit areas of KP
- 7 hours ago
Alexandrova knocks out defending champ Noskova to reach Monterrey semis
- 6 hours ago
KP govt to buy new helicopter after Bajaur crash
- 7 hours ago
Police also arrest Aleema Khan’s other son from Lahore residence
- 7 hours ago
