26(Asia Pacific Group on money laundering) Flashcards
1
Q
What is it
A
Intergovernmental organisation at Sydney.
Established in 1997
2
Q
Is it a independent body
A
Nope…its part of FATF
3
Q
What is its work
A
To check money laundering in international regions and terror funding
4
Q
why in news
A
There was fake news in Aug that pakistan has been put to black list.
It is black list of this org not FATF
5
Q
Is this also called black list
A
Yes but its technically called
Enhanced Expedited Follow up list
6
Q
Will pak get forigen aid now
A
Yes it can get as no action is taken by the international community unless FATA acts.
