https://tribune.com.pk/story/1937237/2-fatf-apg-may-also-grey-list-pakistan/
ISLAMABAD:
As the Asia/Pacific Group (APG) on Money Laundering begins ‘mutual evaluation’ to gauge Pakistan’s compliance with global anti-money laundering and counter-terrorism financing standards, the country faces the risk of being grey-listed by the APG due to a very high ratio of nearly 70% non-compliance.
The Financial Action Task Force (FATF) has already grey-listed Pakistan with effect from June 2018 and any adverse findings by the APG – as a result of its March 26-28 inspections – could further complicate problems for the government.
The APG is the FATF-style regional body for the Asia-Pacific region. It is an inter-governmental organization founded in 1997 in Bangkok. The mutual evaluation process by the APG is separate from the FATF but it is based on the implementation of 40 FATF recommendations.