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Head of US Delegation to FATF Scott Rembrandt arrives in Pakistan

Desprado

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  • Three-day visit aimed at discussing the country's action plan agreed with the forum

Scott Rembrandt, Head of the US Delegation to the Financial Action Task Force (FATF), arrived in Pakistan on Tuesday on a three-day visit aimed at discussing the country's action plan agreed with the forum, reported Aaj News.


Rembrandt also serves as the Deputy Assistant Secretary for Strategic Policy in the Office of Terrorist Financing and Financial Crimes at the US Department of the Treasury.


He is likely to meet Pakistani officials working on the FATF's action plan for the country.


Rembrandt is also expected to discuss Islamabad's progress on the issue of terror financing and money laundering, one of FATF's key concerns.


In July, the US asked Pakistan to expeditiously implement its new second action plan, while recognising Islamabad's efforts in satisfying obligations that would help its case with the FATF.


In June, Pakistan was kept on the FATF's increased monitoring list -- also called the grey list -- after having met 26 of the 27 items on the action plan.


It was also asked to work on "the deficiencies later identified in Pakistan's 2019 Asia Pacific Group (APG) Mutual Evaluation Report (MER)".

In August, it was reported that Pakistan is now 'compliant' or 'largely compliant' in 35 of the 40 recommendations put forth by the APG, according to the follow-up MER, an upgrade from the previous assessment in which the country met 31 out of the 40 points in the action plan.


However, the country will stay on the "enhanced follow-up", and continue to report back to the APG.


Pakistan has to meet all deficiencies identified in the APG action plan as well as one remaining item in the Financial Action Task Force (FATF)'s action plan to move off the 'grey list'.


"Pakistan has 35 Recommendations rated C/LC (compliant/largely compliant)," said the APG in the '3rd Follow-Up Report Mutual Evaluation of Pakistan July 2021'.


"Pakistan will remain on enhanced follow-up, and will continue to report back to the APG on progress to strengthen its implementation of AML/CFT (anti money-laundering/combating the financing of terrorism) measures. Pakistan’s fourth progress report is due 1 February 2022."


Pakistan has been on the monitoring list since 2018 along with several other countries with deficiencies in the AML/CFT regime.


@The Eagle @VCheng is this on site visit for the 27 points action plan?
 

Clutch

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This about Pakistan's plans to meets its promised commitments.
They have met all and exceeded many... FATF official statement is that countries should meet "most" of the directives. Pakistan has met and exceeded this.

FATF is an inferiority complex Hindutva Nazi oppression tool to oppress the nation of of the Indus River.
 

Muhammed45

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FATF was a trap and Pakistan fell within to it. Its nothing but a world of obligations to west.
Rouhani and his Administration of fools claimed that without FATF we cannot import vaccines, just a couple of weeks ago millions of vaccines were imported without FATF crap. Rouhani claimed that by signing FATF and offering west with weird obligations, all the economical hard ships would end immediately, he made same promises in case of JCPOA and we saw what happened in the end.
Find the one who imposed this colonial treaty on Pakistan and hang the bastard from where you know.
 

VCheng

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They have met all and exceeded many... FATF official statement is that countries should meet "most" of the directives. Pakistan has met and exceeded this.
Then Pakistan will get off the list, as long as as it can show that it has done all that it itself promised to do.
FATF was a trap and Pakistan fell within to it. Its nothing but a world of obligations to west.
Rouhani and his Administration of fools claimed that without FATF we cannot import vaccines, just a couple of weeks ago millions of vaccines were imported without FATF crap. Rouhani claimed that by signing FATF and offering west with weird obligations, all the economical hard ships would end immediately, he made same promises in case of JCPOA and we saw what happened in the end.
Find the one who imposed this colonial treaty on Pakistan and hang the bastard from where you know.
Like Iran, Pakistan has the freedom to choose to work with FATF, or go independent of it at any time it chooses.
 

Deltadart

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Let's face it. No matter what Pakistan does, there will always be something new to implement. Goal post will keep moving. It's all politics, and designed to keep the country under pressure until it completely capitulates on some crucial geo strategic issues. Then Pakistan will be removed from this list temporarily, until new sets of demands come along that require capitulation.
 

Muhammed45

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Like Iran, Pakistan has the freedom to choose to work with FATF, or go independent of it at any time it chooses.
After signing it?

This is a relation between weak/oppressed and bully/oppressor.

The weak and oppressed one should never offer the bully with any kind of obligations. The relation between Tom and Jerry will surely end with destruction for Jerry.

Pakistan signed it and they can't leave it without tolerating severe consequences. It can help USA to gather others to put pressure on Pakistanis. Hey they signed it and they don't honor it, so the weak has to follow own words or else will be severly punished by others.

Pakistan should have never signed that shit and you know it well but trying to play the smartass
 

Clutch

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Then Pakistan will get off the list, as long as as it can show that it has done all that it itself promised to do.
India should be on this list.... It's done more terrorism as more and more evidence has come to light....

France which through its cement company was funding ISIS (the grand Daddy of all terrorist organizations)... Still doesn't get even a second look???

Lafarge case uncovers French hypocrisy, say analysts
French paper says French state was ‘well aware of the conditions’ under which Lafarge maintained its activity in ISIL-occupied Syria.

Lafarge merged with Swiss company Holcim in 2015 to become the world's largest cement maker [File: Franck Fife/AFP]
Lafarge merged with Swiss company Holcim in 2015 to become the world's largest cement maker [File: Franck Fife/AFP]
10 Sep 2021
The case of French cement giant Lafarge and its alleged links with the ISIL (ISIS) group in Syria has prompted a continuing debate in France around the complicity of multinationals in financing armed groups.

Hypocrisy....
 

VCheng

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India should be on this list.... It's done more terrorism as more and more evidence has come to light....

France which through its cement company was funding ISIS (the grand Daddy of all terrorist organizations)... Still doesn't get even a second look???
Pakistan can choose to present any violation of FATF rules at any time.
 

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