Скачать или смотреть How Can Pakistan Get Out of FATF Grey List?

Pakistan's inclusion in the grey list can be attributed to the fact that the country's anti-terror laws are still not in line with FATF standards and also with the latest UN resolution 2462 that pitches for criminalizing terrorist financing.


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What Pakistan has to do to get out of FATF grey list

The fate of Pakistan is once again in the hands of the Financial Action Task Force (FATF) to be moved from the so-called grey list. A plenary session of the FATF is being held in Paris to review progress made by Pakistan towards the implementation of the 27-point action plan handed out in the last meeting.

According to initial reports, it seems the global body is satisfied over the steps taken by Pakistan to curbs terror financing. It wants tighter laws, improvement in the prosecution and stricter punishments to hold individuals responsible for money laundering and terror financing accountable. Pakistan is also making attempts to convince the global body that the menace of laundering is being controlled

Pakistan has been in the FATF grey list since June 2018 and has been asked to implement the FATF Action Plan fully by September 2019. It was in the same category from 2012 to 2015 too. Pakistan's inclusion in the grey list can be attributed to the fact that the country's anti-terror laws are still not in line with FATF standards and also with the latest UN resolution 2462 that pitches for criminalising terrorist financing. What Pakistan has mostly done in the past is detain both Masood Azhar and Hafiz Saeed for 'apprehension' of breach of peace. The FATF seeks freezing of funds, denial of weapons access and travel ban.

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