Minister of State for Foreign Affairs says Pakistan now only needs to prepare for the on-site visit, entire process expected to be complete before October plenary
The study results suggest that FATF grey-listing, starting in 2008 and till 2019, may have resulted in cumulative real GDP losses of approximately $38bn.
The overall performance shows that Pakistan has improved compliance on two out of 40 recommendations of the FATF on effectiveness of anti-money laundering and combating financing terror (AML/CFT) systems
The FATF finds Pakistan’s progress non-compliant on four counts, partially compliant on 25 counts and largely compliant on nine recommendations