Financial Action Task Force (FATF)

Posted by Vidhyarthimitra on




Financial Action Task Force (FATF)
Financial Action Task Forceaffiliate Asia Pacific Group (APG) places Pakistan on Blacklist for failing to combat terrorism, money laundering and meeting the required global standards.

Pakistan was placed on the grey list by the FATF in June last year for failing to curb anti-terror financing.

(FATF) is an inter-governmental body established in 1989 on the initiative of the G7. 

The FATF Secretariat is housed at the OECD headquarters in Paris.

combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.

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