Pak team lands in Beijing for talks with FATF


BEIJING: A Pakistani delegation, headed by Minister for Economic Affairs Hammad Azhar, has arrived in China’s capital to hold talks with the Financial Action Task Force (FATF) Working Group. The important three-day face-to-face talks with the global money laundering and terror financing watchdog will commence from today and will continue until day after tomorrow. The delegation comprises representatives of the Foreign Ministry, Interior Ministry, State Bank of Pakistan (SBP), Customs, National Counter Terrorism Authority (NACTA) and Financial Monitoring Unit (FMU). Sources say Pakistan has already launched efforts, including contacting FATF member countries, to get off the watchdog’s grey list. Islamabad had sent a 650-page review report to the FATF on January 8 in response to 150 questions raised by the watchdog. The Pakistani delegation would put forward details about the measures the country has thus far taken from Oct onward in light of the recommendations of the FATF Action Plan.

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