Pakistan to stay on FATF ‘greylist’ over failure to convict UNSC-designated terror leaders
3 years, 5 months ago

Pakistan to stay on FATF ‘greylist’ over failure to convict UNSC-designated terror leaders

The Hindu  

Pakistan was retained on the greylist, or list of countries under “increased monitoring”, at the Financial Action Task Force once again, as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups; the list includes Lashkar-e Toiba, Jaish-e Mohammad, Al Qaeda and the Taliban. “The FATF encourages Pakistan to continue to make progress to address as soon as possible the one remaining Countering Finance of Terrorism -related item by demonstrating that Terror Financing investigations and prosecutions target senior leaders and commanders of UN-designated terrorist groups,” FATF President Marcus Pleyer said. India ‘politicising’ FATF process: Pakistan Reacting to the FATF decision at a press conference in Islamabad, Pakistan’s Energy minister Hammad Azhar accused India of attempting to “politicise the process” at the FATF. Mr. Azhar, who has been overseeing the FATF process in Pakistan, said the new combined action list of seven points was “relatively less challenging” than the previous 27-point list handed down in 2018, as it focusses largely on money laundering and not terror financing, and that he was hopeful that Pakistan would be found compliant “within a year”. Among the tasks handed down by the FATF on Friday, apart from the need to prosecute all UNSC terror entities successfully and seeking assistance from foreign countries to implement the UNSC designations, Pakistan is expected to amend its Money-Laundering Act, crackdown on Designated Non-Financial Businesses and Professions like real estate agencies and gemstone traders, confiscate and freeze assets of money laundering entities and monitoring businesses for proliferation financing, with sanctions for non-compliance.

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History of this topic

India faces terror threats from ISIL, Al-Qaeda-linked groups around J&K: FATF report
3 months ago

India faces terror threats from ISIL, Al-Qaeda-linked groups around J&K: FATF report

Hindustan Times  

India faces a disparate range of terrorism threats particularly associated with ISIL or Al-Qaeda linked extremist groups active in and around Jammu and Kashmir, global money laundering and terrorist financing watchdog Financial Action Task Force on Thursday said in its evaluation report that certified India’s robust compliance system. These can be summarised as theatres associated with ISIL or AQ linked …

FATF 'Thumbs Up' Ensures India Will Be among Top Nations on Checks against Money Laundering, Terror Financing: Govt Sources to News18
5 months, 3 weeks ago

FATF 'Thumbs Up' Ensures India Will Be among Top Nations on Checks against Money Laundering, Terror Financing: Govt Sources to News18

News 18  

India has achieved an “outstanding outcome” in the mutual evaluation conducted during 2023-24 by the Financial Action Task Force. The Financial Action Task Force is an intergovernmental organisation established in 1989 as the international watchdog to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. According to top government sources, India’s performance …

Jaish-e-Mohammad reemerges after Pakistan's removal from FATF grey list, seen openly collecting funds
1 year, 8 months ago

Jaish-e-Mohammad reemerges after Pakistan's removal from FATF grey list, seen openly collecting funds

Op India  

United Nations proscribed Pakistani terror group Jaish-e-Mohammed has been seen openly collecting funds in Peshawar, according to several accounts. Global terror-financing watchdog FATF in October 2022 announced Pakistan’s removal from its grey list, stating that the country has largely completed its action plans on anti-money laundering and financing of terrorism. Pakistan has been on the FATF grey list since June …

Pakistan Comes Off the FATF Grey List. Can It Stay the Course?
2 years ago

Pakistan Comes Off the FATF Grey List. Can It Stay the Course?

The Diplomat  

On October 21, the Financial Action Task Force, a global financial watchdog, removed Pakistan from the list of countries under an “increased monitoring” process after four years. Former head of the National Counter Terrorism Authority Khawaja Khalid Farooq told The Diplomat that while difficult decisions regarding the FATF action plan were taken and implemented during Khan’s rule, the “final contribution …

Boorish Bilawal Has Lot to 'UnPak' On His Nation's Notoriety, Starting with Its 'Special Terrorist Zones'
2 years ago

Boorish Bilawal Has Lot to 'UnPak' On His Nation's Notoriety, Starting with Its 'Special Terrorist Zones'

News 18  

Cornered by India in the UN Security Council on supporting homegrown terror, Bilawal Bhutto, the frustrated foreign minister of Pakistan, made distasteful personal remarks against India’s Prime Minister Narendra Modi. He called PM Modi “the butcher of Gujarat” while responding to the comments made by India’s external affairs minister S Jaishankar where he targeted Pakistan for its terror backyard and …

Weeks after Pak’s FATF Grey List Exit, Jaish-e-Mohammad Acquires Land near Bahawalpur HQ: Report
2 years, 1 month ago

Weeks after Pak’s FATF Grey List Exit, Jaish-e-Mohammad Acquires Land near Bahawalpur HQ: Report

News 18  

Pakistan continues to shelter anti-India elements and terrorist groups, with renewed fervour after exiting the Financial Action Task Force’s grey list earlier this year. A report by The Print said that soon after Pakistan exited the ‘grey list’ of the FATF terrorist group Jaish-e-Mohammed began a large-scale construction work near its headquarter in Bahawalpur. Abdul Rauf Azhar, is currently the …

Mint Explainer: What Pakistan's exit from the FATF Grey list means for the world
2 years, 1 month ago

Mint Explainer: What Pakistan's exit from the FATF Grey list means for the world

Live Mint  

The FATF is among the alphabet soup of international organizations that serve as nodes of coordination of national conduct to enable international coherence in the globalized world of mutual interdependence of nations. Walmart will boost Flipkart with $3bn to challenge rivals Why Reliance investors remain unimpressed After Sep quarter show, ITC’s stock is still lit A PLI scheme to defend …

Explained | Why is Pakistan off FATF ‘grey list’?
2 years, 2 months ago

Explained | Why is Pakistan off FATF ‘grey list’?

The Hindu  

The story so far: On Friday, the Financial Action Task Force, the global watchdog on anti-money laundering and combating financing terrorism efforts, announced it would take Pakistan off its “grey list” of countries under “enhanced monitoring”, and welcomed what it called Pakistan’s “significant progress” in improving legal and government mechanisms. During the recent plenary session on October 20-21, FATF countries, …

Pakistan Off FATF ‘Grey List’: What it Means for Islamabad, How India Has Responded
2 years, 2 months ago

Pakistan Off FATF ‘Grey List’: What it Means for Islamabad, How India Has Responded

News 18  

After four years, the Financial Action Task Force, a global watchdog on terror financing took Pakistan out of its “grey list” and welcomed its significant progress in improving its anti-money laundering, counter-terrorism measures. Pakistan Prime Minister Shehbaz Sharif said Pakistan’s exiting the FATF grey list was a “vindication of our determined and sustained efforts over the years”. In a tweet, …

Pakistan out of FATF’s grey list; here’s what India said
2 years, 2 months ago

Pakistan out of FATF’s grey list; here’s what India said

Live Mint  

India has reacted on the removal of Pakistan from the FATF 'grey list' after four years. Financial Action Task Force on 21 October excluded Pakistan from the grey list of the global watchdog on terror financing and money laundering after four years. The Paris-based FATF took Pakistan off a list of countries under increased monitoring, also known as the "grey …

Pakistan taken off the FATF grey list for terror financing
2 years, 2 months ago

Pakistan taken off the FATF grey list for terror financing

Op India  

Pakistan has been removed from a list of nations subject to “enhanced surveillance” for funding terrorism, known as the grey list, by the Financial Action Task Force, a worldwide organization that keeps tabs on money laundering and terrorist financing. The Paris-based organization said, “Pakistan is no longer subject to FATF’s increased monitoring process; to continue to work with APG to …

Explained: Why Pakistan has been removed from FATF and why India is unhappy
2 years, 2 months ago

Explained: Why Pakistan has been removed from FATF and why India is unhappy

Firstpost  

Already in economic strife, Pakistan was finding it increasingly difficult to obtain financial aid from the IMF, the World Bank, the Asian Development Bank and the European Union. The move comes as a financial lifeline Pakistan has finally achieved what it has been trying to do for years – get itself removed from the Financial Action Task Force ‘grey list’. …

Pakistan Exits Infamous FATF 'Grey List'; India Says Must 'Continue Sustained Action Against Terror'
2 years, 2 months ago

Pakistan Exits Infamous FATF 'Grey List'; India Says Must 'Continue Sustained Action Against Terror'

News 18  

Pakistan on Friday officially exited the Financial Action Task Force’s ‘Grey List’, with the Paris-based terror finance watchdog saying that the country has made significant progress in stepping up action against money laundering and terror financing. I’m encouraging Pakistan to continue to work with the Asia-Pacific group to continue taking steps to combat terrorism financing.” “2nd country coming off FATF’s …

Pakistan out of FATF's grey list after 4 years of being on terror funding list
2 years, 2 months ago

Pakistan out of FATF's grey list after 4 years of being on terror funding list

India Today  

The Financial Action Task Force, the global watchdog on terror financing and money laundering, on Friday, said that Pakistan is "no longer subject to FATF's increased monitoring process. Pakistan Prime Minister Shehbaz Sharif reacted to Pakistan’s exit from the FATF grey list. The development comes more than four years after the FATF put Pakistan on the grey list for its …

Pakistan to be free from terror funding grey list? FATF order likely today: Report
2 years, 2 months ago

Pakistan to be free from terror funding grey list? FATF order likely today: Report

India Today  

The Financial Action Task Force of FATF, the global watchdog on terror financing and money laundering, is likely to free Pakistan from its grey list on Friday, enabling the country to try to get foreign funds to overcome its economic situation. The development comes more than four years after the FATF put Pakistan on grey list for its failure to …

'World remains clear that…': India's response to Pakistan's exit from FATF grey list
2 years, 2 months ago

'World remains clear that…': India's response to Pakistan's exit from FATF grey list

India Today  

Ministry of External Affairs Spokesperson Arindam Bagchi responded to Pakistan’s exit from the Financial Action Task Force grey list after four years of being on the terror funding list. MEA official spokesperson said that he was aware of the latest update related to Pakistan in the context of the Financial Action Task Force plenary in Paris. In the official response …

Pakistan likely to exit global watchdog FATF's grey list on Friday
2 years, 2 months ago

Pakistan likely to exit global watchdog FATF's grey list on Friday

Firstpost  

With Pakistan’s continuation on the grey list, it had increasingly become difficult for Islamabad to get financial aid from the IMF, the World Bank, the Asian Development Bank and the European Union, thus further enhancing problems for the cash-strapped country New Delhi: After four years, Pakistan on Friday may exit the grey list of the global watchdog on terror financing …

‘Terrorism a Foreign Policy Tool’: Afghanistan’s Woes Must Act as Lesson for FATF as Pak Eyes ‘Grey List’ Exit
2 years, 2 months ago

‘Terrorism a Foreign Policy Tool’: Afghanistan’s Woes Must Act as Lesson for FATF as Pak Eyes ‘Grey List’ Exit

News 18  

Pakistan is likely to exit the financial watchdog Financial Action Task Force ‘Grey List’, Pakistani ministers and officials have said expressing hope that it will open up doors for foreign investment which is also caught in a financial turmoil. A country is placed in the intergovernmental group FATF’s ‘Grey List’ when it takes steps to control existing money-laundering and terror-financing …

Prodded by US, Is Pakistan Finally Set to Arrest Masood Azhar ahead of FATF Plenary?
2 years, 3 months ago

Prodded by US, Is Pakistan Finally Set to Arrest Masood Azhar ahead of FATF Plenary?

News 18  

Ahead of the October plenary of the Financial Action Task Force, Pakistan could arrest terror mastermind Masood Azhar. Masood Azhar is one of India’s most wanted terrorists and his arrest would be seen by New Delhi as a huge victory, even though concerns remain whether post-arrest too Azhar would enjoy ISI hospitality. “Pakistan has now been rated complaint/largely compliant in …

‘India's Most Wanted Masood Azhar Not in Afghanistan, Don’t Make False Claims’: Taliban to Pak
2 years, 3 months ago

‘India's Most Wanted Masood Azhar Not in Afghanistan, Don’t Make False Claims’: Taliban to Pak

News 18  

In an exclusive telephonic interview with CNN-News18, Taliban spokesperson and face of Taliban Suhail Shaheen denied the presence of terror outfit Jaish-e-Mohammed’s chief Maulana Masood Azhar in Afghanistan, warning Pakistan “not to make claims without evidence". Pakistan, in a move that is being called “hogwash" by India, has written a letter to Afghanistan to arrest. Top sources told CNN-News18 that …

FATF Asia-Pacific Group rates Pakistan low on 10 out of 11 international goals on anti-money laundering, combating terror-finance: Report
2 years, 3 months ago

FATF Asia-Pacific Group rates Pakistan low on 10 out of 11 international goals on anti-money laundering, combating terror-finance: Report

The Hindu  

“The Asia-Pacific Group of the Financial Action Task Force, a global watchdog for terror-financing and money laundering, has rated Pakistan’s level of effectiveness as ‘low’ on 10 out of 11 international goals on anti-money laundering and combating the financing of terror,” a media report said on September 12. Last month, the APG had described Pakistan as ‘compliant’ or ‘largely compliant’ …

Pakistan's Intent Clear, Says India as China Backs Ally at UN, Blocks Move to Sanction Masood Azhar's Brother
2 years, 4 months ago

Pakistan's Intent Clear, Says India as China Backs Ally at UN, Blocks Move to Sanction Masood Azhar's Brother

News 18  

China’s move to block a proposal by the United States and India at the UN Security Council to sanction a top terrorist in the Pakistan-based Jaish-e-Mohammad was expected and shows Pakistan’s intent, top Indian government sources have told CNN-News18. India and the United States wanted Abdul Rauf Azhar to be subjected to a global travel ban and asset freeze, which …

Pakistan and FATF: Islamabad’s cosmetic war against terrorism
2 years, 5 months ago

Pakistan and FATF: Islamabad’s cosmetic war against terrorism

Firstpost  

The recent arrest and sentencing of Sajid Mir to fifteen-and-a-half years, also for terrorist financing, in early June, has been aimed at placating the FATF Pakistan has been on the FATF grey list since June 2018. In March this year, the FATF announced that Pakistan would remain on the grey list, even though it had fulfilled 26 of the 27 …

26/11 Mumbai terror attack handler jailed for 15 years in Pakistan
2 years, 5 months ago

26/11 Mumbai terror attack handler jailed for 15 years in Pakistan

India Today  

An anti-terrorism court in Pakistan awarded a 15-year jail term in a terror financing case to Sajid Mir, an operative of the proscribed terrorist organization Lashkar-e-Taiba and the alleged mastermind behind the 26/11 Mumbai attacks this month. “An anti-terrorism court in Lahore early this month handed down a 15-year jail term to Sajid Majeed Mir, an activist of banned Lashkar-e-Taiba, …

Committed to following international standards to exit FATF ‘grey list’, says Pakistan’s Foreign Minister
2 years, 6 months ago

Committed to following international standards to exit FATF ‘grey list’, says Pakistan’s Foreign Minister

The Hindu  

June 20, 2022 05:18 am | Updated 05:18 am IST - ISLAMABAD: Pakistan’s Foreign Minister Bilawal Bhutto Zardari said on Sunday that his country was committed to follow international standards related to the counter-terrorism financing and anti-money laundering. The Paris-based global money-laundering and terror-financing watchdog said on Friday that Pakistan will continue to be on the "grey list" of countries …

Pakistan one step away from exiting FATF grey list
2 years, 6 months ago

Pakistan one step away from exiting FATF grey list

India TV News  

Highlights Pakistan is one step away from exiting the grey list of the Financial Action Task Force. Pakistan is one step away from exiting the grey list of the Financial Action Task Force as it has successfully complied with all points of the 2018 action plan items, securing approval from the global watchdog and initiating the process of onsite verification, …

Pakistan may get off terror funding watchdog FATF’s ‘grey list’ after on-site check
2 years, 6 months ago

Pakistan may get off terror funding watchdog FATF’s ‘grey list’ after on-site check

The Hindu  

Pakistan on Friday got a reprieve from the Financial Action Task Force as the international watchdog announced that the country could be removed from the “grey list” after a visit by a fact-finding team to verify the measures it has taken to deal with terror financing. “Pakistan continued its relentless efforts towards successful completion of these Action Plans despite many …

FATF retains Pakistan on its 'grey' list; to conduct on-site visit
2 years, 6 months ago

FATF retains Pakistan on its 'grey' list; to conduct on-site visit

India Today  

Global financial watchdog the Financial Action Task Force on Friday said that it will conduct an on-site visit in Pakistan at the earliest possible date, indicating that the country is likely to be removed from its grey list. "At its June 2022 Plenary, the FATF made the initial determination that Pakistan has substantially completed its two action plans, covering 34 …

Pakistan '1 Step Away' from Exiting Watchdog FATF's 'Grey List' After Fulfilling Over 30 Conditions: Sources
2 years, 6 months ago

Pakistan '1 Step Away' from Exiting Watchdog FATF's 'Grey List' After Fulfilling Over 30 Conditions: Sources

News 18  

In a major relief for Pakistan, the neighbouring country is just “one step away” from being removed from the grey list of the FATF — the international watchdog monitoring money laundering, terror financing, and other threats to global financial networks — top diplomatic sources have told CNN-News18. The International Co-operation Review Group of the Financial Action Task Force is likely …

Pakistan Could Exit Financial Crimes Watchdog FATF’s Grey List: Report
2 years, 6 months ago

Pakistan Could Exit Financial Crimes Watchdog FATF’s Grey List: Report

News 18  

The financial crimes watchdog Financial Action Task Force could remove Pakistan from its ‘Grey List’, news agency India Today said in a report. It released a 2021 action plan of the FATF’s Asia Pacific Group on Money Laundering where Pakistan was given seven targets, six of which have been fulfilled. FATF delegates representing 206 members of the Global Network and …

Pakistan likely to be off financial crime watchdog FATF's 'grey list'
2 years, 6 months ago

Pakistan likely to be off financial crime watchdog FATF's 'grey list'

India Today  

Pakistan is likely to be off the ‘grey list’ of the Financial Action Task Force. Sources have told India Today TV that the announcement would be put up on the website of the global financial crime watchdog, followed by an on-site visit to Pakistan by a team of the FATF to assess the compliance by the country which has been …

Explained | What is the FATF and why is Pakistan on its ‘grey list’?
2 years, 6 months ago

Explained | What is the FATF and why is Pakistan on its ‘grey list’?

The Hindu  

The story so far: Ahead of the plenary session of the Financial Action Task Force, the global financial crime watchdog, from June 14 to 17 in Berlin, Pakistan which continues to face an economic crunch, is hoping for some respite in the form of its removal from the FATF’s ‘grey list’ or the list of countries presenting a risk to …

Pakistan hopes for relief on FATF ‘grey list’ sanctions
2 years, 6 months ago

Pakistan hopes for relief on FATF ‘grey list’ sanctions

The Hindu  

Pakistan is hoping for some reprieve as the international watchdog Financial Action Task Force begins meetings on Monday in Berlin ahead of its plenary session on June 14-17. According to media reports in Pakistan, the new Pakistani PMLN-led government is pulling out all stops in sending its Minister of State for Foreign Affairs Hina Rabbani Khar to lead the delegation …

FATF retains Pakistan on its terror funding ‘grey list’
2 years, 9 months ago

FATF retains Pakistan on its terror funding ‘grey list’

The Hindu  

The global money laundering and terrorist financing watchdog FATF has retained Pakistan on its terrorism financing “grey list” and asked Islamabad to address at the earliest the remaining deficiencies in its financial system, according to a media report on Saturday. However, Pakistan’s robust progress on its global commitments to fight financial crimes was appreciated at the concluding session of its …

Pakistan remains on FATF's grey list: Report
2 years, 9 months ago

Pakistan remains on FATF's grey list: Report

India Today  

The global money laundering and terrorist financing watchdog FATF has retained Pakistan on its terrorism financing “grey list” and asked Islamabad to address at the earliest the remaining deficiencies in its financial system, according to a media report on Saturday. However, Pakistan’s robust progress on its global commitments to fight financial crimes was appreciated at the concluding session of its …

Pakistan likely to remain on FATF\'s grey list for four more months: Report
2 years, 9 months ago

Pakistan likely to remain on FATF\'s grey list for four more months: Report

Deccan Chronicle  

Islamabad: Pakistan is likely to remain on the grey list of global money laundering and terrorist financing watchdog FATF until June for failing to meet some of the targets under the additional criteria, according to a media report on Friday. In October 2021, the FATF acknowledged Pakistan's progress on a 27-point action plan on completion of 26 items but kept …

Pakistan likely to remain on FATF’s grey list for four more months: Report
2 years, 9 months ago

Pakistan likely to remain on FATF’s grey list for four more months: Report

India TV News  

Pakistan is likely to remain on the grey list of global money laundering and terrorist financing watchdog FATF until June for failing to meet some of the targets under the additional criteria, according to a media report on Friday. In October 2021, the FATF acknowledged Pakistan’s progress on a 27-point action plan on completion of 26 items but kept the …

Protests planned outside FATF's Paris headquarter ahead of Pakistan's grey list review
2 years, 10 months ago

Protests planned outside FATF's Paris headquarter ahead of Pakistan's grey list review

India Today  

The Financial Action Task Force will undertake the next review of Pakistan’s progress in curbing terror-financing and money laundering when the plenary begins on February 21 in Paris, France. “The protests are to remind FATF of its commitments and stop Pakistan’s role in terror financing and money laundering in the country and in neighbouring Afghanistan, and its nexus with China …

G-20 leaders reaffirm support to FATF to combat money laundering, terrorist financing
3 years, 1 month ago

G-20 leaders reaffirm support to FATF to combat money laundering, terrorist financing

India TV News  

G-20 leaders, including Prime Minister Narendra Modi, have reaffirmed their full support for the Financial Action Task Force and have recognised that effective implementation of the measures put in place to combat money laundering, terrorist financing and proliferation is essential for building confidence in financial markets, ensuring a sustainable recovery and protecting the integrity of the international financial system. In …

Why Turkey joins Pakistan on FATF grey list and how it is a big blow for ‘best buddies’
3 years, 1 month ago

Why Turkey joins Pakistan on FATF grey list and how it is a big blow for ‘best buddies’

Firstpost  

Both Pakistan and Turkey are now among 23 countries worldwide that are on the group’s grey list, which includes Morocco, Myanmar, Jordan and the Philippines too Following the Financial Action Task Force’s three-day plenary on 19-21 October, its current president, Marcus Pleyer, announced that Pakistan would continue to be on the grey list. Both Pakistan and Turkey are now among …

Explained | Why has FATF retained Pakistan on ‘grey list’?
3 years, 2 months ago

Explained | Why has FATF retained Pakistan on ‘grey list’?

The Hindu  

The story so far: In June 2018, the Financial Action Task Force placed Pakistan on the ‘grey list’ of jurisdictions under increased monitoring. Owing to Pakistan’s failure in fully implementing all the action points, it was once again retained on the ‘grey list’ following the conclusion of the latest FATF plenary on October 21, 2021. Pakistan was ‘ grey listed’ …

FATF says Pakistan will remain on its 'grey list'
3 years, 2 months ago

FATF says Pakistan will remain on its 'grey list'

Deccan Chronicle  

Islamabad: Pakistan will remain on the 'grey list' of the Financial Action Task Force until it further demonstrates that action is being taken against Jamaat-ud-Dawah chief Hafiz Saeed and Jaish-e-Mohammed founder Masood Azhar who are listed as global terrorists by the United Nations, the global anti-money laundering and terror financing watchdog said on Thursday. Addressing a post-plenary conference, FATF President …

Pakistan to remain on 'Grey List' of global terror financing watchdog FATF
3 years, 2 months ago

Pakistan to remain on 'Grey List' of global terror financing watchdog FATF

Firstpost  

On the action plan of Pakistan, Paris-based FATF requires it to demonstrate terror financing investigation and prosecution of leaders and commanders of UN-designated terrorist groups and their associates, FATF president Marcus Pleyer said New Delhi: Pakistan will continue to be on the ‘Grey List’ of the FATF as it needs to “further demonstrate” that action is being taken against UN-designated …

Pakistan retained on terror financing watchdog FATF’s ‘greylist’ again
3 years, 2 months ago

Pakistan retained on terror financing watchdog FATF’s ‘greylist’ again

The Hindu  

The Financial Action Task Force on October 21 retained Pakistan in the ‘greylist’ yet again, observing that it needed to further demonstrate that investigations and prosecutions were being pursued against the senior leadership of U.N.-designated terror groups, which include Lashkar-e-Taiba, Jaish-e-Mohammed, al-Qaeda and the Taliban. Its most recent action plan from June this year, which largely focussed on money laundering …

Pakistan Retained on FATF Grey List as ‘More Action Needed’ Against Terror Groups; Turkey New Addition
3 years, 2 months ago

Pakistan Retained on FATF Grey List as ‘More Action Needed’ Against Terror Groups; Turkey New Addition

News 18  

Pakistan will remain on the ‘grey list’ as it needs to further demonstrate terror financing investigation, and prosecution of leaders and commanders of UN-designated terrorist groups and their associates, said Financial Action Task Force, which concluded its three-day October plenary on Thursday. Pleyer said that Pakistan has two concurrent action plans, actions against UN-designated terror groups and anti-money laundering, along …

FATF to decide Pakistan’s fate on grey list as October plenary concludes today
3 years, 2 months ago

FATF to decide Pakistan’s fate on grey list as October plenary concludes today

Firstpost  

Analysts and reports suggest that Pakistan will remain greylisted till the next session of FATF in 2022 as it has failed to curb terror financing of UN proscribed terrorists living in Pakistan Islamabad: Global watchdog Financial Action Task Force three day October plenary will conclude today and all eyes will be on whether Pakistan will continue to remain in the …

Turkey Faces Threat of Being Added to 'Grey List' by FATF for Money Laundering, Terror Financing
3 years, 2 months ago

Turkey Faces Threat of Being Added to 'Grey List' by FATF for Money Laundering, Terror Financing

News 18  

The global financial watchdog may approve the decision to put Turkey on the ‘grey list’ as it failed in its approach to combat money laundering and terrorist financing, the London-based Financial Times reported. The Financial Action Task Force review has recommended that Turkey should be subject to special monitoring by the task force’s International co-operation review group. The FT report …

Pakistan to remain on FATF Grey List, Turkey new entrant
3 years, 2 months ago

Pakistan to remain on FATF Grey List, Turkey new entrant

India Today  

Global terror financing watchdog Financial Action Task Force on Thursday retained Pakistan on its 'Grey List' of countries. In a briefing, FATF president Marcus Pleyer also said that three new countries -- Turkey, Jordan, and Mali -- have also been added to the Grey List. In June this year, the FATF had retained Pakistan on its 'Grey List' for failing …

Pakistan may remain on 'grey list' till FATF's next session in April 2022, says French media report
3 years, 2 months ago

Pakistan may remain on 'grey list' till FATF's next session in April 2022, says French media report

Firstpost  

The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system Islamabad: Pakistan may remain on the ‘grey list’ of the FATF till the global money laundering and terror financing watchdog meets for its next session in April 2022, according to a media report …

US says Pakistan has made significant progress on FATF's first action plan
3 years, 5 months ago

US says Pakistan has made significant progress on FATF's first action plan

India Today  

Pakistan has made significant progress on its first action plan of the Financial Action Task Force by largely addressing 26 of the 27 action items, the US has said. It has also urged Pakistan to swiftly complete the remaining action item by demonstrating that terrorism financing, investigations and prosecutions target senior leaders and commanders of UN-designated terror groups. Pakistan has …

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