Asia-Pacific Group (APG) on Money Laundering retains Pakistan on its ‘Enhanced Follow-Up’ list.

Due to Pakistan’s minimal progress in combating money laundering and terror financing, the Asia-Pacific Group (APG) on Money Laundering has retained the country on its ‘Enhanced Follow-Up’ list.
According to APG, Pakistan will remain in the enhanced follow-up list. It will also have to continue to report back to the APG on progress to strengthen its implementation of comprehensive measures.
Pakistan is desperate to move out of ‘grey list’ because its inclusion in the list has severely impacted its economy and image.
Pakistan was placed in the grey list in June 2018.
APG is a regional affiliate of the Paris-based Financial Action Task Force (FATF).
APGSecretariat: Sydney, Australia.
Founded in: 1997 in Bangkok, Thailand.
It currently consists of 41 member jurisdictions in the Asia-Pacific region.