ISLAMABAD: Action is being carried out against the suspected transactions, Pakistan informed the Financial Action Task Force (FATF) yesterday. Sources privy to the Ministry of Finance told Dunya News that second round of talks between Pakistan and FATF was held in Sydney yesterday. During the dialogues, Pakistani officials briefed the Financial Action Task Force s (FATF) Asia Pacific Group (APG) on money laundering and also presented a four year report on actions taken on suspected transactions. The report stated that action had been taken against 3677 suspected transactions during the last four years. According to documents, there were 420 suspected transactions in 2015, 697 in 2016, 1603 in 2017 and 957 in 2018. The report also stated that action was being taken against fake bank accounts. The final round of talks between Pakistan and FATF would be held on Thursday January 10. On Tuesday, Pakistani authorities briefed the FATF of the action taken against terrorists and banned organizations. They told Asia Pacific Group that accounts and assets of banned outfits have been frozen. “Pakistan is utilizing all its resources to impede financial assistance of terrorists,” asserted the authorities.