A ten-member Pakistan delegation led by secretary Finance and Revenue, Muhammad Younus Dagha has left for China to attend a two day meeting of the Asia Pacific Joint Group (APG) in Guangzhou beginning from Wednesday (May 15). The delegation will defend Pakistan’s efforts against money laundering and terror financing at the meeting of APG, a regional affiliate of the Financial Action Task Force.
Pakistan has already submitted a report of its’ actions and activities taken against proscribed organisations and strengthening of systems to block illegal flow of funds that could be used against any state or considered a threat to global financial systems.
The Asia-Pacific Group on Money Laundering (also known as the APG) is the FATF-style regional body for the Asia-Pacific region. The Asia/Pacific Group on Money Laundering is an inter-governmental organisation, consisting of 41 member jurisdictions, focused on ensuring that its members effectively implement the international standards against money laundering, terrorist financing and proliferation financing related to weapons of mass destruction.
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22 July, 2019