FATF APG clears Pakistan on 22 more points

[Type59]

Tax havens should be sanctioned. Their allowing corrupt officials to launder their stolen money. Unfortunately International laws dont apply to certain nations.

 

[Blacklight]

Tax havens should be sanctioned. Their allowing corrupt officials to launder their stolen money. Unfortunately International laws dont apply to certain nations.

Pakistan, Switzerland to sign agreement for bank account information exchange: Dar
March 8, 2017


When you have a pig in the hen house, then only strong institutions can help. Nothing else.

 

[TheDarkKnight]

Money laundering was being done even before these parties were in existence. Guess who was doing it in those times

Pmln formed in 80s and PPP in 70s. Money laundering and corruption really started in 80-90s onwards

 

[Chakar The Great]

The big question is when will Pakistan come out of grey list????

 

[Blacklight]

The big question is when will Pakistan come out of grey list????

When we give an NRO.

 

[Chakar The Great]

When we give an NRO.

To who?

 

[Blacklight]

To who?

PMLN & PPP

 

[Chakar The Great]

PMLN & PPP

So PML n ( Who cant change Buzdar) and PPP ( Who cant control khi) have influence over international bodies like FATF.

 

[Blacklight]

So PML n ( Who cant change Buzdar) and PPP ( Who cant control khi) have influence over international bodies like FATF.


View attachment 751244

FATF is a tool to arm twist PTI/GoP to follow the wests dictation. A poor, weak, Pakistan is in their interest.

Thought you of all people would have figured that out.

 

[ali_raza]

So PML n ( Who cant change Buzdar) and PPP ( Who cant control khi) have influence over international bodies like FATF.


View attachment 751244

there abu,s

 

[ghazi52]

,.,.,.,.
Pakistan’s chances of being removed from the anti-money laundering watchdog’s grey list have improved after being ranked among the top 10 nations implementing the Financial Action Task Force (FATF) guidelines.

The FATF summit will be placed from October 17 to October 21. According to sources, Pakistan has a great chance of being removed from the FATF’s “grey list” on October 21 because it has complied with all requirements.

In the final week of August, a FATF team traveled to Pakistan. After meeting with all the appropriate agencies, it was said that the technical team from the anti-terror finance monitor had returned happy with Islamabad’s measures.
According to sources, the goal of the FATF review team was to evaluate the political will to put anti-money laundering and anti-terror laws into effect.

In June 2018, FATF put Pakistan on the “grey list” due to shortcomings in the country’s system for preventing money laundering and financing of terrorism. To meet the requirements of the FATF, it was initially issued a 27-point action plan and then another 7-point plan.

The removal of Pakistan from the FATF’s “grey list” will improve its reputation and inspire foreign investors to invest there. Countries find it difficult and more expensive to conduct financial transactions as a result of the grey listing..