FATF Plenary Meeting - News Summed Up

FATF Plenary Meeting


The Financial Action Task Force (FATF) is scheduled to meet this week, from June 14 to 17, 2022, in Berlin where it will be decided whether Pakistan has fulfilled all of the requirements needed to exit the list. According to sources, Pakistani officials appear to be quite hopeful of a positive outcome from the plenary meeting as they believe that there has been substantial progress that has been acknowledged by FATF members. There is no denying that Pakistan has put in sincere efforts over the years to bring about the recommended structural changes. Now that the authorities have played their part, it remains to be seen if the FATF community is satisfied with the progress. Before Pakistan can be excluded from the list however, FATF is expected to send its team over for onsite inspection to take stock of the progress that has been made.


Source: The Nation June 14, 2022 03:11 UTC



Loading...
Loading...
  

Loading...