The Asia-Pacific Group (APG) on Money Laundering has retained Pakistan on its “Enhanced Follow-Up” list for a meagre progress on technical recommendations of the Financial Action Task Force (FATF) to fight money laundering and terror financing.

The first Follow-Up Report (FUR) on Mutual Evaluation of Pakistan released by APG — a regional affiliate of the Paris-based FATF — showed Pakistan improving its full compliance on two of the 40 FATF recommendations on the effectiveness of anti-money laundering and combating financing terror (AML/CFT) system.

It was compliant on one item exactly a year ago. Pakistan’s progress largely remained unchanged – non-compliant on four counts, partially compliant on 25 counts and largely compliant on nine recommendations.

https://www.dawn.com/news/1584508/asia-pacific-group-keeps-pakistan-on-enhanced-follow-up-list