Pakistan Fails FATF Test, to Stay On Terror Watchdog's Grey List
Pleyer said Pakistan's delisting from FATF list will take place only after it complies with all the agenda items in both the action plans.
Editorial Staff
Pakistan Fails FATF Test, to Stay On Terror Watchdog's Grey List NEW DELHI: While acknowledging "substantial" progress made by Islamabad in addressing strategic deficiencies in its AML/CFT (anti-money laundering/combating the financing of terrorism) regime, global terror watchdog FATF on Friday retained Pakistan on its grey or Increased Monitoring List. There was no reprieve for Pakistan even as the Paris-based body admitted Islamabad had now largely addressed 26 of the 27 items in its 2018 action plan to combat terror financing. The one remaining unaddressed item, because of which Pakistan couldn't exit the grey list, relates to the need to demonstrate that terror-financing investigations and prosecutions target senior leaders and commanders of UN-designated terrorist groups. FATF president Marcus Pleyer described it as a key issue that Pakistan needed to address. As NSA Ajit Doval said at an SCO meeting this week, India has repeatedly emphasised the need for full implementation of UN resolutions and targeted sanctions against UN-desig…
