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FATF keeps Pakistan on grey list till June

Islamabad- Financial Action Task Force(FATF)  has recognized Pakistan’s proceeding commitment to a feasible and vigorous against cash washing and combating the financing of fear mongering frameworks.

Its whole gatherings was held in half breed organize. Pakistani assignment was driven by Serve for Vitality Hammad Azhar. Pakistan displayed its case in an effetive way conjointly reaffirmed its political commitment to proceed with the endeavors to total the activity plans.
As respects 2018 Activity Arrange, Pakistan has as of now completed twenty six of the twenty seven Activity Arrange things whereas there was acknowledgment by the FATF that Pakistan has made noteworthy advance towards tending to the final remaining activity item. The FATF energized Pakistan to proceed to create advance to address as before long as conceivable the remaining one item.
As respects 2021 Activity Arrange, Pakistan has made quick advance. In fair
two whole cycles, Pakistan has completed six out of seven activity items. A articulation issued by the Fund Service repeated Pakistan’s commitment to require all essential measures to guarantee completion of remaining two Activity Arrange Things amid the up and coming FATF entire cycle to gotten to be qualified for leaving from the dark list. Meanwhile in his tweets, Serve for Vitality Hammad Azhar said in spite of challenges, Pakistan completion of FATF’s specialized parameters might be recognized soon.
The Minister communicated Pakistan’s unflinching commitment against cash washing and fear financing. He said the nation has pursued a war on these exercises not fair for worldwide compliance but to begin with and first for its claim sake.

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