FATF team

After FATF, APG may also grey-list Pakistan

Affairs


The Financial Action Task Force (FATF) has already grey-listed Pakistan with effect from June 2018. Any adverse findings by the APG, as a result of its inspections from March 26-28, could further complicate problems for the government of Pakistan.

The APG delegation arrived in Islamabad on Monday. The APG Executive Secretary Gordon Hook would lead the delegation. It is comprised of experts from the United Kingdom, the United States, Turkey, China, Indonesia, and the Maldives.

The purpose of this delegation is to conduct last on-site mutual evaluation of Pakistan that began in June 2018. It will be a last face-to-face meeting by the mutual evaluation team, suggesting that Islamabad does not have the luxury to take a lenient approach.

Pm Imran Khan added to his twitter account,

 


A senior government official who is directly working on the mutual evaluation has said, “If we go by the third draft of technical annexure shared by the APG, there are high risks of being declared non-compliant. Out of 40 recommendations, the APG has provisionally assessed Pakistan non-compliant on nearly 28 recommendations.”

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