UK adds Pakistan to list of 21 high-risk countries
Exchange of illegal money between Pakistan and Britain continues, says British government.
LONDON (Dunya News) - Britain has included Pakistan in its list of 21 high-risk countries, Dunya News reported on Sunday. The high-risk list includes countries having lack of check and balance on terrorism financing and money laundering.
The British government said that the issues such as terrorism and money laundering are a threat. Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021 has come into force in Britain in March 2021.
Exchange of illegal money between Pakistan and Britain continues, says British government. Pakistan is placed at 15th number in the list of 21 high-risk countries.
The nations in list of 21 high-risk countries include Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea, Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen and Zimbabwe.
