Asad Umar reiterates commitment to curb money laundering, terror financing.

Finance Minister Asad Umar reiterated the government's resolve to control and eventually eliminate money laundering and terror financing in the country in line with international guidelines, Express News reported.

The finance minister met with a delegation of the Asia-Pacific Group (APG), a Financial Action Task Force-style regional body on money laundering in the federal capital, where he conveyed the government's stance on the issue.

The delegation, headed by APG Executive Secretary Gordon Hook, apprised the finance minister its objectives for the trip and meetings it would hold with relevant stakeholders.

APG urges intensified action to curb terror financing

Umar added that the government wants to strengthen laws against money laundering and terror financing in the country.

Earlier on October 9, the APG had urged Pakistan to intensify actions against the non-profit organisations suspected of giving financial aid to terrorist groups and bring more transparency in the steps it is taking over...