ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Asia

Pak submits initial draft report to FATF ahead of plenary meet

Islamabad [Pakistan], Aug 18 (ANI): Pakistan has submitted its initial draft report to the joint group of Financial Action Task Force (FATF), showing compliance of the remaining 13 points out of 27 action points pertaining to terror funding, ahead of the plenary meet scheduled for October, The News International reported on Tuesday.

ANI Aug 18, 2020 14:36 IST googleads

Flag of Pakistan

Islamabad [Pakistan], Aug 18 (ANI): Pakistan has submitted its initial draft report to the joint group of Financial Action Task Force (FATF), showing compliance of the remaining 13 points out of 27 action points pertaining to terror funding, ahead of the plenary meet scheduled for October, The News International reported on Tuesday.
Top official sources said that Pakistan would share its updated version of the progress report to the FATF review group in the first week of September. The first draft was sent to the FATF on August 6.
"A face to face virtual meeting of FATF review group is scheduled to take place from September 14 to 21 where Pakistani authorities will be given an opportunity to defend their position with full force," a top official was quoted as saying.
In the FATF plenary meet, it would be decided whether Pakistan will be continued to be kept in the grey list or get promoted or demoted to blacklist after verifying the compliance on the majority of the 27-point action plan, the official said.
Federal Minister for Industries Hammad Azhar, who is also in charge of FATF issues, expressed hope that Pakistan would be declared largely compliant on at least 11 action points. He said Islamabad would have to evaluate simultaneously on account of Mutual Evaluation Report (MER) by Asia Pacific Group (APG), according to The News International.
In June 2018, Pakistan was placed in the grey list by the FATF and has been retained in that category since then, after the global anti-terror financial watchdog lambasted Islamabad over its lacklustre response in curbing terror funding on its soil. (ANI)

Get the App

What to Read Next

Europe

Blasphemy laws in Pakistan target religious minorities: GHRD

Blasphemy laws in Pakistan target religious minorities: GHRD

At the 61st session of the United Nations Human Rights Council, the organisation Global Human Rights Defence (GHRD) raised concerns over the continued misuse of blasphemy laws in Pakistan and their impact on religious minorities.

Read More
Europe

ECO FAWN Society raises Pahalgam terror attack at UN Human Rights

ECO FAWN Society raises Pahalgam terror attack at UN Human Rights

At the 61st session of the United Nations Human Rights Council (UNHRC), Yasser Laaroussi, from the ECO FAWN Society, during General Debate under Item 3, in his oral statement, highlighted the terrorist attack that took place in Pahalgam on April 22, 2025. He urged the international community to intensify efforts to combat terrorism and ensure accountability for attacks targeting civilians

Read More
Asia

MEA rejects Pakistan’s statement on India-Canada deal

MEA rejects Pakistan’s statement on India-Canada deal

"We reject this statement made by Pakistan on the matter. India's credentials regarding non-proliferation are impeccable and well recognised by the global community. A country with a well-documented history of clandestine nuclear proliferation can hardly preach the virtues of export controls and proliferation risks. Such ludicrous statements are nothing more than an attempt by Pakistan to distract from its own abysmal record," he said.

Read More
Asia

India rejects Pakistan's "baseless allegations"

India rejects Pakistan's

India on Thursday rejected Pakistan's allegations of aggravating skirmishes with Afghanistan, calling them "baseless" and accusing Pakistan of blaming others for its own misdeeds.

Read More
Asia

Policy delays leave Pakistan short of critical medicines

Policy delays leave Pakistan short of critical medicines

Pakistan faces a severe shortage of life-saving medicines, including cancer drugs and vaccines, due to government delays in notifying official prices. While global supply remains stable, regulatory hurdles have stalled legal imports, raising concerns over patient survival and the potential rise of unregulated, counterfeit medicines.

Read More
Asia

Pakistan’s outdated mandi system stifles agricultural innovation

Pakistan’s outdated mandi system stifles agricultural innovation

Pakistan's fruit and vegetable supply remains dominated by traditional middlemen and the "mandi" system, with digital platforms handling only 2-3% of trade. Restrictive provincial laws and lack of infrastructure force farmers into dependency on commission agents, stalling modern technological transformation in the agricultural sector.

Read More
Asia

Hardships grow as Pakistan tightens its grip in Balochistan 

Hardships grow as Pakistan tightens its grip in Balochistan 

Residents in Balochistan's Zehri and Surab regions are facing a severe humanitarian crisis due to a four-day curfew and military operations. The Baloch Yakjehti Committee reported acute food shortages, blocked healthcare access, and alleged house raids by security forces, urging international bodies to investigate these fundamental rights violations.

Read More
US

"IEA agreed to release 400 million oil barrels": Trump

Addressing a gathering in Kentucky, Trump said, "I'm pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the oil prices, as we end this threat to America and this threat to the world."

Read More
Asia

North Korea accelerates preparations for parliamentary elections

North Korea accelerates preparations for parliamentary elections

North Korea is intensifying preparations for its upcoming parliamentary elections scheduled for next week, including forming election committees and reviewing candidates for the Supreme People's Assembly, according to a report by Yonhap News Agency citing North Korean state media on Wednesday.

Read More
Middle East

Oman's Salalah oil facilities struck

Oman's Salalah oil facilities struck

Drones struck fuel tanks in the port, Oman TV reported. No damage to merchant vessels was reported, Ambrey said.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.