FATF has completed a five-day on-site visit to Pakistan and the findings of the team will be discussed and reviewed in the next meeting.

The on-site visit of the Financial Action Task Force (FATF) is likely to be conducted by the end of this month. The Federal Board of Revenue (FBR) has deputed two more Customs officers of BS-19 for assisting the on-site visit. Earlier, a senior officer of BS-20 was also deputed for the visit. The FBR has issued a notification in this regard.

 

Government Officials Have Been Selected for the FATF Joint Group On-Site Visit Preparation

 

According to the notification, the services of Wajid Zaman, (BS-19), posted as Additional Director, Directorate of Transit Trade Peshawar, and Haleema Qasim (BS-19), posted as Additional Director, Directorate General of Customs Valuation, Karachi are attached with the office of Director, Directorate of Cross Border Currency Movement, Islamabad for FATF Joint Group on-site visit preparation.

 

Pakistan Would be Removed from the Grey List if the Visit is Successful

 

Earlier, on 27th July, the FBR appointed senior officer of Pakistan Customs, Syed Asad Raza Rizvi (BS-20), to assist in the process of the on-site visit. The purpose of the visit is to check whether all the items on the action plan have been met in a sustainable manner and implemented fully by the authorities. Pakistan would be removed from the grey list if the on-site visit is successful.

 

Minister of State for Foreign Affairs Hina Rabbani, who is also the chair of Pakistan’s National FATF Coordination Committee said that FATF’s acknowledgment of the progress made by Pakistan meant that the country was just a step away from exiting the grey list.

 

Read more: Government has Initiated the Preparations for the On-site Visit of FATF Team

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