{"id":63834,"date":"2020-04-09T14:37:23","date_gmt":"2020-04-09T09:37:23","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63834"},"modified":"2020-04-09T14:37:24","modified_gmt":"2020-04-09T09:37:24","slug":"pakistan-gets-deadline-extension-fatf-compliance-report-submission","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-gets-deadline-extension-fatf-compliance-report-submission.html","title":{"rendered":"Pakistan gets deadline extension for FATF compliance report submission"},"content":{"rendered":"\n<p>Islamabad: The Financial Action Task Force (FATF) has notified its decision to extend the deadline for Pakistan to submit its FATF compliance report, a new source reported. According to details, the intergovernmental organisation has stretched the time frame till September in the wake of the COVID-19 pandemic.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-monitor-real-estate-jewellery-transactions.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR to monitor real estate, jewellery transactions to curb terror financing under FATF regulations (opens in a new tab)\">FBR to monitor real estate, jewellery transactions to curb terror financing under FATF regulations<\/a><\/p>\n\n\n\n<p>Previously, Pakistan, along with other countries, had to\npresent its FATF\ncompliance report at a meeting of the Joint Working Group (JWG), which\nwas originally scheduled to take place in Beijing next month but was postponed\ndue to the outbreak of novel coronavirus.<\/p>\n\n\n\n<p>\u201cInstead of May\/June, now the face-to-face meeting and\nplenary meeting is expected to take place in August\/September 2020. This may\nbenefit Pakistan in terms of extending the period by three months,\u201d read a\nstatement issued by the Asia Pacific Group.<\/p>\n\n\n\n<p>According to reports, Pakistan will now submit its FATF compliance report in September instead of June. Islamabad was originally scheduled to submit the progress report to the JWG till April 15. Now, it would have time until July.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/govt-to-introduce-virtual-currency-regulations.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FATF: Govt to introduce virtual currency regulations (opens in a new tab)\">FATF: Govt to introduce virtual currency regulations<\/a><\/p>\n\n\n\n<p>Pakistan has to submit its FATF compliance report featuring 27-point action\nplans. FATF has already declared the country fully compliant with 14 out of\nthese 27 points. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Financial Action Task Force (FATF) has notified its decision to extend the deadline for Pakistan to submit its FATF compliance report, a new source reported. According to details, the intergovernmental organisation has stretched the time frame till September in the wake of the COVID-19 pandemic. Read: FBR to monitor real estate, jewellery transactions to curb terror financing under FATF regulations Previously, Pakistan, along with other countries, had to present its FATF compliance report at a meeting of the Joint Working Group (JWG), which was originally scheduled to take place in Beijing next month but was postponed due to the outbreak of novel coronavirus. \u201cInstead of May\/June, now the face-to-face meeting and plenary meeting is expected to take place in August\/September 2020. This may benefit Pakistan in terms of extending the period by three months,\u201d read a statement issued by the Asia Pacific Group. According to reports, Pakistan will now submit its FATF compliance report in September instead of June. Islamabad was originally scheduled to submit the progress report to the JWG till April 15. Now, it would have time until July. Read: FATF: Govt to introduce virtual currency regulations Pakistan has to submit its FATF compliance report featuring&hellip;<\/p>\n","protected":false},"author":68,"featured_media":63838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15017],"tags":[25642],"persona":[],"class_list":{"0":"post-63834","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-notices-announcements","9":"tag-details-on-pakistan-gets-deadline-extension-for-fatf-compliance-report-submission","10":"cat-15012-id","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan gets deadline extension for FATF compliance report submission - Zameen News<\/title>\n<meta name=\"description\" content=\"The Financial Action Task Force (FATF) has notified its decision to extend the deadline for Pakistan to submit its FATF compliance report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-gets-deadline-extension-fatf-compliance-report-submission.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan gets deadline extension for FATF compliance report submission - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Financial Action Task Force (FATF) has notified its decision to extend the deadline for Pakistan to submit its FATF compliance report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-gets-deadline-extension-fatf-compliance-report-submission.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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