The Times of India on 23rd August reported that The Asia Pacific Group (APG) of the FATF found that Pakistan was non-compliant on 32 of the 40 AML/CFT compliance parameters. Pakistan has to focus on avoiding the blacklist in October when the 15-month timeline ends on the FATF’s 27-point action plan. Pakistan has been placed on the Enhanced Expedited Follow Up List (Blacklist) for its failure to meet the standards. On the 11 AML/CFT effectiveness parameters (the “Immediate Outcomes” or IO), Pakistan was adjudged as having a “low” marking on 10.
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