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Global Concerns: Pakistan to remain on FATF ‘greylist’

Pakistan to remain on FATF ‘greylist’ Approx Read Time: 6 minutes In News: Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session. Background: In June 2018, FATF placed Pakistan on enhanced monitoring process or the ‘grey list’, because of its deficiencies in the anti-money laundering and counter terrorist …

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Pak stays on FATF grey list, sees June deadline on terror

Pakistan stays on FATF grey list Approx Read Time: 5 minutes In News: Pakistan will stay on the FATF ‘grey list’ until June 2020. Pakistan was also told it could go into the ‘black list’ if it failed to complete its 27-point action plan. News Summary: The International Co-operation Review Group (ICRG) of the Financial …

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Pak court jails Hafiz for 5.5 yrs in 2 terror cases

Hafiz Saeed Jailed Approx Read Time: 6 minutes In News: Days before the FATF plenary, a Pakistani anti-terrorism court convicted global terrorist and mastermind of the 2008 Mumbai terror attacks, Hafiz Saeed. News Summary: The Financial Action Task Force meeting is scheduled in Paris from February 16. The plenary will decide whether or not Pakistan …

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Global Bytes: Talks between India and Japan

India-Japan call upon Pakistan to act on terror Approx Read Time: 4 minutes In News: India and Japan are holding talks in the 2+2 ministerial format for the first time, an upgrade from the talks between their foreign and defense secretaries that began in 2010. The Ministers affirmed that this dialogue will further enhance the …

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International Relations: (FATF)

Published on 25-Aug-2019 – FATF Blacklisting of Pakistan by FATF (Financial Action Task Force) Approx Read Time: 4 minutes What is FATF? It refers to the Financial Action Task Force. It currently consists of 39 members, with only 37 members currently having voting powers. European Commission. Gulf Cooperation Council(GCC). India, China, United States, United Kingdom, …

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