Tag Archives: Bankers stress FATF demands should be met

KARACHI: Bankers in Pakistan see negative impact of FATF fresh warning for Pakistan and said the government must understand the full impact of further downgrading from current grey list. The Paris-based Financial Action Task Force (FATF) has been unusually critical of Pakistan’s efforts to safeguard its financial system from the risk posed by terror financing and money laundering. Former head of …

KARACHI: Bankers in Pakistan see negative impact of FATF fresh warning for Pakistan and said the government must understand the full impact of further downgrading from current grey list. The Paris-based Financial Action Task Force (FATF) has been unusually critical of Pakistan’s efforts to safeguard its financial system from the risk posed by terror financing and money laundering. Former head of …