Sunday, 26 January 2020, 12:57:49 am
Pakistan's Mutual Evaluation Report adopted by Asia-Pacific Group
August 21, 2019

The Asia-Pacific Group on Money Laundering has adopted Pakistan's third Mutual Evaluation Report.

The report was adopted at week-long meeting of the Group that is underway in Australian city of Canberra. 

Governor State Bank of Pakistan attended the meeting.

The Mutual Evaluation Report covers the period February to October last year and identifies a number of areas where further actions are required to strengthen the AML/CFT framework.

The Pakistan delegation also held a number of bilateral meetings with key delegations to brief them on recent progress by Pakistan in implementing the FATF Action Plan.

Pakistan's Financial Monitoring Unit also signed MoU with the China Anti Money Laundering Monitoring and Analysis Center on exchange of financial intelligence.