Islamabad | Global money laundering and terror financing watchdog, the Financial Action Task Force (FATF), on Friday removed Pakistan from a list of countries under “increased monitoring”, also known as the “grey list”, media reports said. Pakistan Foreign Minister Bilawal Bhutto-Zardari made the announcement prior to an FATF press conference, congratulating the country on the achievement, […]
Tag: FATF
Pakistan remains under increased monitoring (Grey List), Turkey named too
New Delhi | Despite all its devious manoeuvrings, Pakistan remains on the FATF grey list. “Pakistan government has two concurrent action plans, with a total of 34 action plan items. It has now largely addressed 30 of the items,” said FATF president. This way Pakistan will remain in the increased monitoring ‘Grey List’ of global terror […]
Setback for PM Imran Khan: Pakistan fails to get off FATF ‘grey list’
New Delhi/Paris: In yet another major setback, Pakistan on Friday failed to get off the ‘grey list’ of Financial Action Task Force (FATF), the global watchdog for terror-funding and money laundering. The Imran Khan-led government lost Pakistan’s bid at the FATF because of its failure to comply with the requirements of the Paris-based watchdog. Pakistan, already […]
Pakistan’s fate at FATF hangs in the balance
Islamabad: As the global watch dog for money laundering and terror financing, the Financial Action Task Force (FATF), gears up to conduct its virtual plenary meeting from October 21 to 23 in Paris, Pakistan is keeping its fingers crossed with hopes of being taken off the grey list. Zahid Hafeez Chaudhri, spokesperson for the Pakistan Foreign […]
Good friends buy Pakistan four months to ‘eliminate’ terror financing – But can it?
New Delhi: With all-weather friend China heading the FATF, and backed by two other “brotherly countries” of Malaysia and Turkey, Pakistan has bought itself four months time from the global watchdog on terror financing to eliminate the twin evils of terror financing and money laundering – a tall task by all counts. Already in the […]
Pakistan under pressure because of FATF: Ajit Doval
New Delhi: As the Financial Action Task Force (FATF) meets in Paris for its crucial plenary, National Security Advisor Ajit Doval on Monday said that Pakistan was “under pressure” because of the proceedings of the global watchdog for terror financing and money laundering. “One of the biggest pressure that has come on Pakistan today is because […]
FATF should take note: Where are world’s most wanted terrorists found?
New Delhi: When the Financial Action Task Force (FATF) meets in Paris to review Pakistans case on fight against terror, it must take cognisance of a recent question posed by Prime Minister Narendra Modi – “Whether it is 9/11 or 26/11, in which country are the conspirators found?” Though the Prime Minister, during his ‘Howdy […]
‘Pak’s terror crackdown a sham, terror groups de-listed, accounts unfrozen’
Islamabad: While overtly appearing to adhere to the FATF directives to crack down on UN proscribed terror groups, Pakistan has been quietly un-freezing their accounts and not providing any information about what it is doing to ensure that the money does not go back into terrorist funding, the Asia Pacific Group has said in a […]
FATF sub-group details Pakistan’s duplicity on Hafiz Saeed curbs
Islamabad: Pakistan has “not taken sufficient measures to fully implement” its UNSC Resolution 1267 obligations against all listed individuals and entities, especially those associated with Lashkar-e-Taiba (LeT)/Jamaat-ud-Dawa (JuD), and Falah-i-Insaniat Foundation (FIF) as well as the group’s leader Hafiz Saeed, the FATF’s Asia Pacific Group says in a detailed damning report on Pakistan’s half-hearted measures […]
Big blow to Imran Khan: Pakistan blacklisted by Asia-Pacific Group of FATF for terror funding
New Delhi: The Asia-Pacific Group of the Financial Action Task Force (FATF), the global watchdog for terror financing and money laundering, has placed Pakistan in the “Enhanced Expedited Follow Up List (Blacklist)” for its failure to meet its standards. In its meeting in Canberra, the APG found that Pakistan was non-compliant on 32 of the 40 […]