The Financial Action Task Force (FATF) in its review meeting recognized Pakistan’s continuing commitment to a sustainable and robust Anti-Money Laundering and Combating the Financing of Terrorism (AML)/CFT) frameworks. The Financial Action Task Force (FATF) reviewed Pakistan’s progress on both FATF Action Plans in its plenary meeting held on March 4, said a press statement […]
FATF grey list
Pakistan’s name should be removed from FATF grey list: Shamshad Akhtar
PARIS: Interim Finance Minister Dr.Shamshad Akhtar on Wednesday requested the Fianncial Action Task Force (FATF) for the removal of Pakistan from its grey list. Pakistani delegation led by Shamshad Akhtar joined the crucial meeting of FATF starting from Wednesday.Pakistan apprised the FATF authorities about Pakistan’s stern actions taken against terror financing and money laundering in […]
No further need for devaluation, Miftah Ismail vows
WASHINGTON: Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, Mr. Miftah Ismail assured markets on Saturday that the Pakistani Rupee would not be devalued any further. In an interview with Bloomberg, Mr. Ismail claimed that the Rupee had found its “optimal value” following recent devaluations, and the Rupee would now “remain stable.” […]
FO says decision on Pakistan’s inclusion in FATF grey-list still pending
ISLAMABAD: Pakistan’s Foreign Office (FO) has denied the rumours of Pakistan being put on the United Nations’ (UN) Financial Action Task Force (FATF) grey-list after sections of international media claimed that a decision had been reached by FATF to this effect. Pakistan FO spokesperson said that Pakistan’s nomination for the list had been forwarded by […]