Anti-Money Laundering Agency Keeps Pakistan on Watch List
- Pakistan’s 6 remaining tasks are ‘serious deficiencies’: FATF
- FATF removes Mongolia, Iceland from so-called grey list
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A global anti-money laundering watchdog kept Pakistan on its monitoring list asking the South Asian nation to improve controls on terrorist financing while lauding authorities for recent progress.
The Financial Action Task Force strongly urged Pakistan to complete its action plan by February, following a three-day meeting. Pakistan has largely completed 21 of 27 tasks, while it has made varying levels of progress on the rest of the plan, the Paris-based watchdog said in a statement. At the last review in February, Pakistan had largely completed 14 tasks.