The Financial Action Task Force (FATF) will evaluate Pakistan’s performance in terms of implementing a 27 action plan on June 23.
Sources told Propakistani that the FATF four days meeting will start on Monday (June 21) in Paris in which the action plan given to Pakistan would also be considered.
Pakistan has submitted a complete report to Financial Action Task Force on the implementation of 27 points of the action plan which includes legislation to curb money laundering as well as enforcement measures to stop terrorist financing, sources added.
The International Co-operation Review Group (ICRG) reviewed Pakistan’s implementation report on all 27 action plans on June 15, 2021, under the co-chaired by the United States and Italy. Subsequently, the report was forwarded to FATF for in-depth discussion.
It is pertinent to note that Financial Action Task Force in February this year decided to keep Pakistan on its “grey list” and directed to fully implement the remaining three out of twenty-seven points till June 2021.