Tag: #APG
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FATF: Pakistan’s name to be in the Gray List
The Financial Action Task Force (FATF) has decided to keep Pakistan on the gray list till the next session; a three day meeting was held to come the decision. Sources have reported, Pakistan has been on the FATF’s gray list since 2018 due to shortcomings in counter-terrorism funding and anti-money laundering. It announced after a three-day…
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EU appreciates Pakistan’s commitment to continue the engagement with FATF to address all remaining issues
This opinion article has been shared by Muhammad Mustansar. Pakistan has made progress in countering terror financing and money laundering. The Asia Pacific Group (APG) on Laundering has improved Pakistan’s rating on 21 of the 40 technical recommendations of the Financial Action Task Force (FATF) against money laundering and terror financing. The Asia Pacific Group…
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Ministry of Finance Denies Claims of Pakistan Being Blacklisted
Islamabad (23rd Aug, 2019): Ministry of Finance denies claims that Pakistan has been blacklisted by the APG as circulated in the Indian media. According to reports, the Ministry of Finance has denied the claims that Pakistan has been ‘blacklisted’ by the APG. It has been clarified that the APG in its 22nd Annual Meeting held…