INSUBCONTINENT EXCLUSIVE:
facing problems if it remains on the list
at the FATF talks at the meeting, Dr Shamshad Akhtar, the interim minister of finance and planning, apprised the global watchdog of the
steps the country has taken to stem money laundering and terror financing, and put up a robust case for not placing its name on the
grey-list.During the crucial meeting, the Akhtar-led Pakistani delegation also spoke about Islamabad's efforts against the banned outfits
and various terrorist groups.The Pakistani delegation's case indicated that the nation has been working to curb financial assistance to
terrorists, made existing laws better, and ensured improved implementation of the current regulations.In compliance with the FATF's
recommendations, the Securities and Exchange Commission of Pakistan (SECP), on June 20, issued the Anti Money Laundering and Countering
Financing of Terrorism Regulations, 2018.
