The Ministry of Finance has noticed that some media outlets have published misleading and baseless stories about the French position on Pakistan’s engagement with Financial Action Task Force (FATF).
“It is clarified that France, like many other jurisdictions, has been an active partner of Pakistan during the implementation of its ICRG Action Plan, and it has also provided technical support and guidance to Pakistan,” said the statement issued by the Ministry of Finance.
Pakistan has given a high-level political commitment to FATF to implement the Action Plan and is resolved to maintain its momentum for improving its AML/CFT regime.
Over the last two years, Pakistan has made concerted efforts in this direction, which have also been recognized by the international community.
The Ministry urged all to avoid any speculative, sensational, or unsubstantiated reporting, which could undermine Pakistani’s international cooperation and goodwill.
FATF will announce its future course of action on Pakistan’s Action Plan after the conclusion of its plenary meeting on June 25, 2021.