FATF regional body retains Pakistan on 'enhanced follow-up' status - News Summed Up

FATF regional body retains Pakistan on 'enhanced follow-up' status


The report said Pakistan was re-rated to ‘compliant’ status on five counts and on 15 others to ‘largely compliant’ and on yet another count to ‘partially compliant’. Dawn newspaper reported that overall, Pakistan is now fully ‘compliant’ with seven recommendations and ‘largely compliant’ with 24 others. The country is ‘partially compliant’ with seven recommendations and ‘non-compliant’ with two out of a total 40 recommendations. All in all, Pakistan is now compliant or largely compliant with 31 out of 40 FATF recommendations. After adoption of MER, Pakistan was placed under post-observation period by the FATF, which expired in February this year.


Source: Mint June 05, 2021 06:22 UTC



Loading...
Loading...
  

Loading...