ISLAMABAD, Aug. 24 -- 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).
The ministry in a press statement 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 the APG's Third Round Mutual Evaluation Procedures, Pakistan will be required to submit follow-up progress reports to APG on quarterly basis. "Media reports, being circulated about Pakistan, being blacklisted by APG are incor...