Asia-Pacific Joint Group meeting on Sept 15

A crucial meeting of the Asia-Pacific Joint Group of the Financial Action Task Force (FATF) is scheduled for September 15 and 16 to review Pakistan’s measures against money laundering.

However, some important bills regarding the anti-money laundering - vital for Pakistan’s removal from the FATF grey list - are facing blockage in parliament due to the opposition, which is demanding to take them into confidence before their passage.

The Asia-Pacific Joint Group will hold a virtual meeting in which Pakistan’s 27-point action plan will be reviewed.

Pakistan, America, Britain, France and Germany would be in attendance. China, India, New Zealand and Australia will also attend the meeting.

The recommendations will be put before the FATF on October 16.