INSUBCONTINENT EXCLUSIVE:
Karachi: The Financial Action Task Force (FATF) has dismissed Indian media reports that its affiliate Asia Pacific Group (APG) has
blacklisted Pakistan.According to Geo News, Alexandra Wijmenga, a spokesperson for the watchdog against terror financing and money
laundering, said only the FATF has the authority to blacklist.The spokesperson said the FATF will hold its meeting on October 14-18 in Paris
and publish its decisions.Earlier, Pakistan rejected Indian media reports as incorrect and baseless.The Finance Ministry in a press
statement clarified that APG in its 22nd Annual Meeting held in Canberra, Australia from August 18-23, 2019, adopted Pakistan 3rd Mutual
Evaluation Report and put Pakistan in its enhanced follow-up as per APG Third Round Mutual Evaluation Procedures.In line with APG Third
Round Mutual Evaluation Procedures, Pakistan would be required to submit follow-up progress reports to APG on quarterly basis.&Media
reports, being circulated about Pakistan, being blacklisted by APG are incorrect and baseless,& the Finance Ministry
said.TheIndianSubcontinent has not verified the content of the source
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