Pakistan has submitted compliance report on its 27-point action plan to the Financial Action Task Force (FATF), as three separate evaluations currently in progress will determine the country's possible exit from the grey list of the anti-money laundering watchdog by October, according to a media report.
The Asia-Pacific Group — the regional affiliate of the FATF — is currently conducting in Canberra (Australia) five-year mutual evaluation of Pakistan's progress on upgrading its systems in all areas of financial and insurance services and sectors, a senior government official told Dawn.