After being placed on the grey list by the Financial Action Task Force (FATF), Pakistan is now on the verge of being blacklisted by the Asia-Pacific Group (APG) — one of the nine regional affiliates of the anti-money laundering watchdog.
The APG is currently meeting at Canberra in Australia conducting a five-year mutual evaluation of Pakistan’s progress on upgrading its systems in areas of financial and insurance services and sectors.Read More…
