Finance Ministry rejects Indian media reports of APG blacklisting Pakistan
Last updated on: 23 August,2019 06:35 pm
Media reports, being circulated about Pakistan, being blacklisted by APG are incorrect and baseless.
ISLAMABAD (Dunya News): The Ministry of Finance Friday categorically rejected Indian media reports about Pakistan being blacklisted by the Asia Pacific Group (APG), the regional affiliate of the Financial Action Task Force (FATF).
“Media reports, being circulated about Pakistan, being blacklisted by APG are incorrect and baseless,” the Finance Ministry said in a press release.
The ministry clarified that APG in its 22nd Annual Meeting held in Canberra, Australia from August 18-23, 2019, adopted Pakistan’s 3rd Mutual Evaluation Report and put Pakistan in its enhanced follow-up as per APG’s Third Round Mutual Evaluation Procedures.
In line with APG’s Third Round Mutual Evaluation Procedures, Pakistan would be required to submit follow-up progress reports to APG on quarterly basis.