A team of the Financial Action Task Force (FATF) is set to hold meetings with top Pakistani officials on Monday to discuss the measures taken by Pakistan so far to counter money laundering and terror financing.
The nine-member delegation, comprising members of FATF’s Asia Pacific Group (APG), arrived here on Sunday on a 12-day visit to see the implementation of the action plan Pakistan had issued earlier this year, official sources said.
The team includes experts from British Scotland Yard, US Department of Treasury, Financial Intelligence Unit of Maldives, Indonesian Ministry of Finance, Peoples’ Bank of China and Justice Department of Turkey.
Pakistan was formally added to the ‘grey list’ of countries involved in providing monetary assistance to terrorism and related causes after a FATF meeting in Paris in June. Read More