Thu, Nov 28, 2024 | Updated 04:07 IST
Pakistan still failing to effectively implement global FATF standards: President Pleyer
Jun 25, 2021
Paris (France), June 25 (ANI): Pakistan is still failing to effectively implement global Financial Action Task Force standards across a number of areas which means risk of money laundering remain high which in turn can fuel corruption and organised crime, said FATF President Marcus Pleyer. “Pakistan remains under increasing monitoring. It has largely addressed 26 out of 27 items on the action plan. Pakistan is still failing to effectively implement the global FATF standards across a number of areas which means risk of money laundering remain high which in turn can fuel corruption and organised crime,” said FATF President.