FATF ASIA-PACIFIC GROUP PUTS PAKISTAN IN “ENHANCED BLACKLIST”

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.

https://timesofindia.indiatimes.com/world/pakistan/fatf-asia-pacific-group-puts-pakistan-in-enhanced-blacklist-officials/articleshow/70799953.cms

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s