ISLAMABAD (FD): Foreign Minister Bilawal Bhutto Zardari on Monday said the United Kingdom had officially removed Pakistan from its list of High-Risk Third Countries following their early completion of Financial Action Task Force action plans, which was good news.
On his Twitter handle, the foreign minister termed the development as some good news and shared a note verbale of the Foreign, Commonwealth and Development Office, UK.
“The amendment removes Pakistan from the list in accordance with the decision taken by the Financial Action Task Force (FATF) on 21 October 2022. The FCDO recognizes the progress Pakistan has made to improve money laundering and terrorist financing controls,” the note said.
Earlier in October, the Financial Action Task Force (FATF) freed Pakistan from its “grey list” as the South Asian country has successfully implemented an action plan to strengthen its laws to curb money laundering and terror financing.
