FATF AND PAKISTAN: WHAT IS THE FUTURE?

FATF and Pakistan: Financial Action task force (FATF) is a global institution and it was founded in 1989 by a group of Seven (G-7) summits in Paris and its headquarter is located in Paris city of France. There are currently 39 member countries of FATF including Pakistan. FATF current president is Marcus Pleyer. Objective of FATF is to keep an eye on money laundering and globally terrier and it is an independent inter-government body that set and executes policies to protect the world from illegal activities like money laundering and terrorism financing.…