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Financial Action Task Force (FATF) financial watchdog’s meeting

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Pakistani delegation led by Hammad Azhar will present the compliance report

Paris: Financial Action Task Force (FATF) financial watchdog’s meeting continue on second day, today the meeting will discus about pakistan status in grey list, The Pakistani delegation, which will present the compliance report before the Financial Action Task Force (FATF), arrived in Paris on Sunday to attend a round of the financial watchdog’s meetings.

Minister for Economic Affairs Division Hammad Azhar, who is heading the delegation, will present Pakistan’s compliance report that details the measures taken by the government to curb terror financing and money laundering, in accordance with FATF’s guidelines.

The body will review the “progress” made by Pakistan until April this year, during the FATF Week, which began on October 13 and will conclude on October 16. Along with Pakistan, the body will also review the progress made by Iran and other countries “that present a risk to the financial system”. A press statement will be released on October 18.

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