Big blow to Imran Khan: Pakistan blacklisted by Asia-Pacific Group of FATF for terror funding
File Photo: IANS
File Photo: IANS
New Delhi: The Asia-Pacific Group of the Financial Action Task Force (FATF), the global watchdog for terror financing and money laundering, has placed Pakistan in the “Enhanced Expedited Follow Up List (Blacklist)” for its failure to meet its standards.
In its meeting in Canberra, the APG found that Pakistan was non-compliant on 32 of the 40 compliance parameters of terror financing and money laundering, officials said.
On 11 effectiveness parameters Pakistan was adjudged as low as 10.
The FATF APG discussions lasted over seven hours over two days.
Published on: Aug 23, 2019 at 12:05 IST
IANS
