FM says no more reasons to be in FATF’s grey list,FATF to public findings on 25 june
There is no longer any justification to keep Pakistan on the grey list as the country has fulfilled 26 out of 27 action items of the Financial Action Task Force (FATF), Foreign Minister Shah Mahmood Qureshi said Wednesday.
Pakistan has fulfilled the anti-money laundering watchdog’s maximum technical requirements, the foreign minister said in a statement — two days after FATF’s five-day virtual meeting began in Paris.
FATF will make its findings public on June 25.
Qureshi said India is making attempts to misuse the forum for political purposes, as it has indulged in continuous anti-Pakistan propaganda. “Pakistan has taken concrete steps to curb money-laundering and terrorist financing.”
He pointed out that Pakistan “inherited” the problem of the FATF grey-listing from the previous regime, however, the incumbent government has done its best to bring the country out of it.
The foreign minister said the world was acknowledging Pakistan’s efforts in the implementation of the FATF Action Plan.