FATF: White Pakistan

Recognizing its worldwide commitments, Parliament of Pakistan has recently approved diverse laws like Geographical Indications (Registration and Protection) Act, 2020 in the lines of Article 22 of the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) and Mutual Legal Assistance (Criminal Matters) Act, 2020 on the recommendation of Financial Actions Task Force (FATF). Likewise, Pakistan has also amended different laws on the subject of violation of United Nations Security Council Resolutions, National Counter Terrorism Authority, Foreign Exchange and State Bank of Pakistan. All of these amendments have been made by Pakistan to bring its financial system in compliance with international FATF standards on Anti-Money Laundering (AML) and Countering Financing Terrorism (CFT).

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