Exchange of money laundering documents between Pakistan and FATF
Money laundering documents have been exchanged between Pakistan and FATF.
According to details, talks were held between the Financial Monitoring Unit and the FATF today, in which the reporting of 3 types of money laundering statistics was discussed.
Sources said that important figures have come to light in the exchange of documents. Pakistan's record 3,555 suspicious bank remittances have come to light in 2021 while 8,801 suspicious bank remittances have been seized. Document remittances have been seized in April to June 2021. ۔
According to the report, documented banks and exchange companies reported these remittances, during which 694,636 remittances have been reviewed.
Document Tax Crimes Reference Hundi and Financial Intelligence Reports were also submitted to the FATF.
Sources say the use of Afghan refugees in money laundering has been investigated.
The sources further said that after reviewing the document report, Pakistan's anti-money laundering efforts will be analyzed. The document analysis will be presented at the FATF meeting in October.