FATF retains Pakistan in 'grey list', asks Islamabad to address concerns 'as quickly as possible'
3 years, 9 months ago

FATF retains Pakistan in 'grey list', asks Islamabad to address concerns 'as quickly as possible'

Firstpost  

The FATF said that that there is a serious deficiency on the part of Pakistan in checking terror financing and the country is yet to demonstrate it has taken action against the UN-designated terrorists and their associates New Delhi: Indicating the status quo of being on FATF’s ‘grey list’, the global body against money laundering and terror financing on Thursday said Pakistan will continue to remain on the increased monitoring list as there are “serious deficiencies” in checking terror financing and the country lacks an effective system to deal with it. After its meeting, Marcus Pleyer, president of Paris-based Financial Action Task Force, said the deadline given to Pakistan has already expired and asked Islamabad to address their concerns “as quickly as possible”. There is a serious deficiency on the part of Pakistan in checking terror financing and the country is yet to demonstrate taking action against the UN-designated terrorists and their associates, he said. He said Pakistan courts must give effective, decisive and proportionate punishment to those involved in terrorism, a statement which comes close on the heels of Pakistan Supreme Court acquittal of terrorist Omar Saeed Sheikh, the main accused in the 2002 murder of American journalist Daniel Pearl.

Pakistan Action Terror Financing Fatf Checking Terror  fatf  undesignated  quickly  financing  islamabad  list  concerns  country  serious  possible  action  asks  pakistan  checking  terror  retains  grey  terrorists

History of this topic

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 …

After Pakistan, now Nepal in danger of slipping into FATF Grey List
1 year, 11 months ago

After Pakistan, now Nepal in danger of slipping into FATF Grey List

Firstpost  

Nepal was in the FATF grey list from 2008 to 2014. If Nepal does not live up to FATF expectations, then it will be put in the FATF grey list. FATF grey list means those countries which have failed to stop money laundering or terror financing. Nepal was in FATF grey list earlier Nepal was in the FATF grey list …

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 …

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 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 …

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 …

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 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 …

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 …

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 …

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 …

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 asks Pakistan to keep working with FATF to complete its 27-point faction plan
3 years, 5 months ago

US asks Pakistan to keep working with FATF to complete its 27-point faction plan

Deccan Chronicle  

Washington: The US has urged Pakistan to continue working with the FATF to "swiftly complete" its 27-point action plan by demonstrating that terrorism financing probes and prosecutions target senior leaders and commanders of the UN-designated terror groups. At its virtual plenary meeting last month, the Paris-based Financial Action Task Force retained Pakistan on its 'grey list' for failing to check …

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 …

No room to keep Pakistan on FATF's 'grey list', says Shah Mahmood Qureshi
3 years, 5 months ago

No room to keep Pakistan on FATF's 'grey list', says Shah Mahmood Qureshi

India Today  

Foreign Minister Shah Mahmood Qureshi on Saturday said there was 'no room' to keep Pakistan on the FATF's 'grey list' since it has implemented 26 out of the 27 points of the action handed out by the global body against money laundering and terror financing. Qureshi's comments came a day after the Financial Action Task Force, during its plenary meeting …

Pakistan continues to be in FATF 'Grey List'; asked to take action against UN-designated terrorists
3 years, 5 months ago

Pakistan continues to be in FATF 'Grey List'; asked to take action against UN-designated terrorists

Firstpost  

The UN-designated terrorists based in Pakistan include Jaish-e-Mohammed chief Azhar, Lashker-e-Taiba founder Saeed and its ‘operational commander’ Zakiur Rehman Lakhvi. New Delhi: Pakistan continues to remain in the ‘Grey List’ of FATF as the global body against money laundering and terror financing on Friday said that Islamabad has failed to take action against UN-designated terrorists like India’s most wanted Hafiz …

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 …

Why Pakistan continues to find itself in the black hole of FATF grey list
3 years, 6 months ago

Why Pakistan continues to find itself in the black hole of FATF grey list

Firstpost  

FATF Pakistan status: Until Pakistan stops terror financing and providing terror infrastructure, it is unlikely to come out of the grey list Will it, won’t it? The anxiety among Pakistan officials was palpable ahead of another review by the Financial Action Task Force as they hoped that the watchdog would remove the country from its ‘grey list’. The so-called ‘grey …

Pakistan to remain on FATF grey list, asked to target senior terror leaders
3 years, 6 months ago

Pakistan to remain on FATF grey list, asked to target senior terror leaders

India Today  

Pakistan will remain on the grey list of Financial Action Task Force and has been asked to continue prosecuting and targeting senior leaders and commanders of UN-designated terrorists groups in the country. In its latest scrutiny, the global terror-financing watchdog said while Pakistan has fulfilled 26 of the 27 action items its 2018 action plan, it will continue to be …

Previous Pak. governments did not curb terrorist financing and money laundering: Shah Mahmood Qureshi
3 years, 6 months ago

Previous Pak. governments did not curb terrorist financing and money laundering: Shah Mahmood Qureshi

The Hindu  

With the FATF set to discuss a report on the progress made by Pakistan on the implementation of a 27-point action plan this week, Foreign Minister Shah Mahmood Qureshi has alleged that previous governments did not take steps to curb money laundering and terrorist financing in the country. The Paris-based Financial Action Task Force placed Pakistan on the grey list …

FATF to Take Stock of Pak's Progress on Implementation of Its Action Plan Next Week
3 years, 6 months ago

FATF to Take Stock of Pak's Progress on Implementation of Its Action Plan Next Week

News 18  

The global watchdog for money laundering and terror financing has prepared a preliminary report on Pakistan’s progress on the implementation of the 27-point action plan and will present it at FATF’s next plenary meeting from June 21, according to a media report. Currently placed on the FATF’s ‘grey list’, Pakistan has been scrambling in recent months to avoid being added …

The Glass is Not 24/27 Full, What FATF Now Wants Pakistan to Do
3 years, 9 months ago

The Glass is Not 24/27 Full, What FATF Now Wants Pakistan to Do

News 18  

The status quo on the face of it is deceptive. On the face of it, again, and deceptively, again, Pakistan is reported to have made progress now on 24 of the 27 steps it was required to take by the Financial Action Task Force. The FATF says that Pakistan law enforcement agencies are now identifying and investigating violations, and demonstrating …

Pakistan to remain on FATF ‘greylist’
3 years, 9 months ago

Pakistan to remain on FATF ‘greylist’

The Hindu  

The Financial Action Task Force on Thursday decided to retain Pakistan on the “greylist” till the next review of its performance on the recommendations during the June Plenary session. At a press briefing, FATF president Marcus Pleyer said although Pakistan had made a significant progress, it was still to fully comply with three of the 27-point action plan it had …

Serious Deficiency on Part of Pakistan in Checking Terror Financing: FATF
3 years, 9 months ago

Serious Deficiency on Part of Pakistan in Checking Terror Financing: FATF

News 18  

Indicating status quo of being on FATF’s ’grey list’, the global body against money laundering and terror financing on Thursday said Pakistan will continue to remain on increased monitoring list as there are ”serious deficiencies” in checking terror financing and the country lacks an effective system to deal with it. After its meeting, Marcus Pleyer, president of Paris-based Financial Action …

FATF keeps Pakistan in grey list, cites 'serious' deficiency in checking terror financing
3 years, 10 months ago

FATF keeps Pakistan in grey list, cites 'serious' deficiency in checking terror financing

India Today  

Global terror watchdog Financial Action Task Force on Thursday announced that Pakistan will continue to remain on its grey list due to failure to comply with all the points of a plan of action set by it to combat terror financing. The FATF said that there had been serious deficiency on the part of Pakistan in checking terror financing and …

Why Pakistan is a fit case to be blacklisted by FATF for funding terrorism
3 years, 10 months ago

Why Pakistan is a fit case to be blacklisted by FATF for funding terrorism

India Today  

The Financial Action Task Force is likely to take a call on Thursday on Pakistan's status on the terror financing watchdog's list of "jurisdictions with strategic deficiencies", more commonly known as the "grey list". Given that Pakistan has merely taken some eyewashing measures in recent months to counter terror-financing, it may be retained on the grey list if not moved …

Discover Related