Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh has said Pakistan as a reliable and responsible member of the international community maintains to ensure the earliest fulfillment of the Financial Action Task Force Action Plan by increasing the effectiveness of its Anti-Money Laundering and Combating the Finance of Terrorism Regime.

According to the details, the adviser was delivering a keynote statement through Zoom to the High-Level Panel on International Financial Accountability, Transparency, and Integrity for Achieving the 2030 Agenda to contribute to the implementation of the 2030 Agenda for Sustainable Development.

Dr. Hafeez Shaikh said Pakistan had already addressed 14 out of 27 FATF Action Plan items while plentiful progress made in addressing the remaining 13 ones.

Furthermore Hafeez Shaikh told the panel that Pakistan has made significant progress in addressing the recommended actions of the Mutual Evaluation Report, which included 15 Legal Amendments to meet technical compliance.

In addition to this he elaborated on the measures Pakistan has taken to strengthen the Anti-Money Laundering and Combating Finance of Terrorism to bring financial institutions in line with FATF standards.