The final round of negotiations between the Financial Action Task Force (FATF) and the government will begin in Islamabad on Monday.

According to sources, the FATF Asia-Pacific team will reach Pakistan on Sunday night. The delegation will meet officials of the ministries of finance, the financial monitoring unit, and the state bank between October 7-19.

The team will review the administrative and legal measures taken by the Pakistan government to stop the monetary assistance of terrorists.

The government has approved amendments, proposed by the FATF, in the Anti Money Laundering (AML) and Countering Financing of Terrorism (CFT) Regulations 2018, sources further added.

Several recommendations by the FATF to determine money trail have also been given the green light.

The delegation is also expected to hold meetings with officials of the Securities and Exchange Commission of Pakistan and law enforcement agencies.

This year in June, the FATF said Pakistan had made “a high-level political commitment” to work with the global watchdog and Asia/Pacific Group on Money Laundering (APG) to strengthen its anti-money laundering and combating the financing of terrorism regime.

Pakistan was added to the grey list of countries involved in providing monetary assistance to terrorism and related causes after a June meeting of FATF in Paris.