ISLAMABAD: The Asia-Pacific Group (APG) — a regional affiliate of the Financial Action Task Force (FATF) — has expressed dissatisfaction over Pakistan’s inadequate compliance with global commitments against terror financing. After three-day mutual evaluation, APG pointed out conflicting situations and poor coordination among stakeholders to curb money laundering and terror financing. Although no official statement […]
APG
Sustained effort required
The Financial Action Task Force (FATF) affiliated Asia Pacific Group (APG) seems unimpressed by Pakistan’s recent efforts to crack down on militant groups, citing insufficient actions on the ground against proscribed organisations (POs) to block flow of funds and activities. The press has been told that though the government seemed to have all of its paperwork […]