Pakistan’s NA committee slams ‘non-serious’ attitude to meeting FATF conditions
Pakistan’s National Assembly’s Standing Committee on Finance and Revenue has slammed the government as it lags behind in its compliance with 27-point action plan and 40 recommendations of the Financial Action Task Force (FATF).The government faced heat from the National Assembly’s Standing Committee on Finance and Revenue led by MNA Faiz Ullah of the PTI for wasting precious time of the nation without making tangible progress.With deadlines looming next month, Pakistan’s compliance with 27-point action plan and 40 recommendations of the Financial Action Task Force (FATF) stands at 14 and 10 respectively.While the committee decided to refer three proposed bills — Anti Money Laundering, Limited Liability Partnership and Companies Bill — relating to the FATF to another parliamentary meeting o...