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Pakistan: Dissecting FATF Failure

Pakistan: Dissecting FATF Failure
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

FATF: Challenges for June deadline

Daily Times May 6, 2021 The June deadline for our review of Financial Action Task Force (FATF) of our remaining actions items is approaching and there are still many key areas that the authorities need to pay attention to come out of grey list we placed in June 2018. The general perception in Pakistan is that FATF’s action against us of keeping in the grey list is politically motivated under the influence of the United States of America (USA), India, France and some other members. The debate and discussion around this narrative is more emotional than based on objective evaluation of our persistent failure to meet all the action items agreed in June 2018. Now, with the new government of democrats in USA, there is hope in official quarters that in June 2021, we will be out of grey list.

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