Saudi Arabia has been granted full membership of the Financial Action Task Force (FATF)

[Kailash Kumar]

Saudi Arabia named full member of anti-illicit funding body

JUNE 21, 2019

RIYADH, June 21 (Reuters) - Saudi Arabia has been granted full membership of the Financial Action Task Force (FATF), a global body dedicated to fighting illicit money flows, Saudi Arabia’s monetary authority said on Friday.

The kingdom had been previously denied membership after not having met criteria in anti-money laundering and counter terrorism financing, and its accession will be a boost to its standing with foreign investors.

“The Financial Action Task Force (FATF) Plenary Meeting, which was concluded on Friday, 21 June 2016, in Orlando, USA, granted the Kingdom of Saudi Arabia full Membership of the group,” the authority said in a statement.

Saudi Arabia is the first Arab country to obtain membership, the statement added.

https://www.reuters.com/article/sau...er-of-anti-illicit-funding-body-idUSL8N23S4LJ

 

[war&peace]

Great so now Pakistan has four votes

 

[Ahmad Sajjad Paracha]

Great so now Pakistan has four votes

If S.A is not influenced can't trust them much

 

[Path-Finder]

Saudi asked for membership in fatf after Pakistan was put in grey list!

 

[Oublious]

Great so now Pakistan has four votes

They voted against Pakistan.

 

[war&peace]

They voted against Pakistan.

How could KSA vote against Pakistan when it was not even a member?
So what is your source?
Though I know Turkey and China always supported Pakistan.

 

[Samlee]

They voted against Pakistan.

I Think Nawaz Sharif Told Them To Underhand.The Guy Was A Traitor

 

[Kailash Kumar]

How could KSA vote against Pakistan when it was not even a member?
So what is your source?
Though I know Turkey and China h

@war&peace

 

[Khanate]

Great so now Pakistan has four votes

Saudi Arabia voted against Pakistan to get the full membership. I doubt Saudi Arabia will have a change of heart especially when US is leading the witch hunt against Pakistan.

 

[war&peace]

I Think Nawaz Sharif Told Them To Underhand.The Guy Was A Traitor

I don't think NS had any good relations with current Saudi monarchs.

@war&peace

How could KSA vote against Pakistan when it was not even a member?
So what is your source?
Though I know Turkey and China always supported Pakistan.

 

[Samlee]

I don't think NS had any good relations with current Saudi monarchs.

I Think They Stopped Liking Him After Finding Out The Kind Of Scumbag He Is

 

[Cash GK]

Saudi Arabia named full member of anti-illicit funding body

JUNE 21, 2019

RIYADH, June 21 (Reuters) - Saudi Arabia has been granted full membership of the Financial Action Task Force (FATF), a global body dedicated to fighting illicit money flows, Saudi Arabia’s monetary authority said on Friday.

The kingdom had been previously denied membership after not having met criteria in anti-money laundering and counter terrorism financing, and its accession will be a boost to its standing with foreign investors.

“The Financial Action Task Force (FATF) Plenary Meeting, which was concluded on Friday, 21 June 2016, in Orlando, USA, granted the Kingdom of Saudi Arabia full Membership of the group,” the authority said in a statement.

Saudi Arabia is the first Arab country to obtain membership, the statement added.

https://www.reuters.com/article/sau...er-of-anti-illicit-funding-body-idUSL8N23S4LJ

So pak has 4 votes and India will run away from there soon

 

[Oublious]

https://www.livemint.com/news/world...list-with-turkey-s-support-1561055960437.html

 

[New World]

How could KSA vote against Pakistan when it was not even a member?
So what is your source?
Though I know Turkey and China always supported Pakistan.

there is GCC vote and whole GCC countries nominate KSA to vote for the whole block. and in recent two FATF meetings KSA (using GCC vote) abstain from FATF meeting where Pakistan was being penalised.

 

[HAIDER]

there is GCC vote and whole GCC countries nominate KSA to vote for the whole block. and in recent two FATF meetings KSA (using GCC vote) abstain from FATF meeting where Pakistan was being penalised.

It so unfortunate KSA involve in 911 and Pakistan paid the price and still paying the price in FATF. Means money talk bs walks.