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| India-Pakistan |
| Pakistan Taken Off Global Watchdog's 'Grey' List for Terrorism Financing |
| 2022-10-23 |
| [Rooters] Pakistain has been removed from an international grey list that warrants increased surveillance for terrorism financing, the head of the international money laundering watchdog which makes the list said on Friday. The decision, which provides a boost to the reputation of the crisis-ridden South Asian nation, was taken at the end of a two-day meeting in Gay Paree, Financial Action Task Force (FATF) Pakistain president T Raja Kumar told a news conference. "After a lot of work by the Pak authorities, they have worked through two separate action plans and completed a combined 34 action items to address deficiencies in their anti-money laundering and counter-terrorist financing systems," FATF president T Raja Kumar told a news conference in Gay Paree. In a meeting in June, the FATF had said it was keeping Pakistain on the so-called "grey list", but said it might be removed after an on-site visit to verify progress. Kumar said a FATF team had visited Pakistain and was satisfied with the implementation of the programme. "Pakistain exiting the FATF grey list is a vindication of our determined and sustained efforts over the years," Prime Minister Shehbaz Sharif said on Twitter. Pakistain was listed in 2018 because of "strategic counter-terrorist financing-related deficiencies". Even though the country had been removed from list, "there is work to be done," Raja said, adding that the FATF encouraged Pakistain to strengthen its monitoring mechanisms. |
| Posted by:trailing wife |
| #2 They finally figured out who to bribe. |
| Posted by: ed in texas 2022-10-23 09:51 |
| #1 There's no real reason for this farce anymore. With governments directly supporting everything from Nazis to jihadi terrorists, there's no point to a financial action whatever. At best, it's good for some graft maybe, bribes from terrorist backers and such. |
| Posted by: Dron66046 2022-10-23 04:40 |