Page 2 - Pak In Fatf

Pakistan should continue to be placed in FATF Grey List, says report

As per a media report, Pakistan should continue to be in the Financial Action Task Force (FATF) "grey list" on the upcoming Plenary Session scheduled in Paris from 21 February to 4 March this year.

FATF to open Pak's Pandora Papers leaks to stop terror finance networks

Financial Action Task Force (FATF) will open Pakistan's Pandora Papers leaks to reveal the nexus of the financial shenanigans

Mauritius exits FATF grey list, Pakistan remains on the list

Mauritius was put on the list by FATF in February 2020, and that had a significant impact on its credibility as a prudent and compliant jurisdiction

Pakistan may remain on 'grey list' till FATF's next session: Report

Pakistan may remain on the 'grey list' of the FATF till the global money laundering and terror financing watchdog meets for its next session in April 2022, according to a media report on Tuesday. Paris-based Financial Action Task Force (FATF) will be in session for three days from October 19-21 and it is expected that Tuesday's session may be informed that Pakistan is still short of meeting the FATF criterion, according to a report in The News International reported from the French capital. The report, quoting sources in German media house Deutsche Welle, said the global body's decision on putting Pakistan off the 'grey list' may be taken in the next session slated for April 2022. The FATF in June retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of UN-designated terror groups, including Hafiz Saeed and Masood Azhar. It also asked Pakistan to work to

US says Pakistan has made significant progress on FATF's first action plan

Pakistan has made significant progress on its first action plan of the Financial Action Task Force by largely addressing 26 of the 27 action items, US has said

Pakistan's parliament passes bill to fulfil conditions set by FATF

Pakistan's parliament has passed a bill for providing legal assistance in international criminal matters as part of efforts to fulfil the conditions set by the global financial watchdog FATF

Pak not worried over taking action against US-designated terror groups

Despite remaining on grey list of the Financial Action Task Force, Pakistan is less worried about the UN-designated terror groups living on its territory

FM Qureshi bemoans FATF's decision to retain Pakistan on its grey list

Deploring FATF's decision to retain Pakistan on its grey list, Foreign Minister Shah Mahmood Qureshi said that if it was a technical decision then country would have been added to white list

Pak left loopholes in accounts for terror financing to dodge FATF scrutiny

Pakistan has deliberately left loopholes in small savings accounts to help financing terrorist groups, many of whom enjoy the patronage of the state

FATF regional group keeps Pakistan on its 'Enhanced Follow-up List'

A regional affiliate of the Financial Acton Task Force (FATF) asked the country to strengthen its implementation of anti-money laundering and combating terror financing measures

Pakistan to introduce 'new' rules to meet FATF demands, says report

Pakistan was put on the grey list by the Paris-based FATF, the global watchdog for money laundering and terror financing in June 2018

Pakistan needs legislation to meet 3 outstanding FATF benchmarks: Report

Pak will have to make further legislation on at least two counts to meet three outstanding benchmarks of the 27-point action plan of the global money laundering and terrorist financing watchdog FATF

Pak to stay on FATF 'grey list', asked to address 'serious deficiencies'

FATF president said Pakistan is yet to demonstrate taking action against the UN designated terrorists and their associates

Pakistan likely to remain in grey list as FATF meet begins: Report

Ahead of the plenary, the FATF updated the overall performance of all countries

Pakistan unlikely to exit 'grey' list of terror funding watchdog till June

The FATF's Plenary and Working Group meetings, scheduled to be held from February 21 to 26 in Paris, is all set to decide on Pakistan's grey list status

Pakistan to stay on global terror financing 'grey list' till Feb 2021

In a statement, the Financial Action Task Force urged Pakistan to complete an internationally agreed action plan by February 2021

FATF Grey List: Why Pakistan must introspect on its efforts to check terror

Pakistan is unlikely to exit the Financial Action Task Forces (FATF) grey list as it has been unable to comply with six of the 27 points in the global watchdogs action plan, according to reports

Imran Khan, Opposition battle over Bills as FATF blacklist looms large

In July, Foreign Minister Shah Mahmood Qureshi said the government had prepared eight Bills to curb money laundering and terror financing

Pakistan's lower house approves four FATF-related bills after consensus

Pakistan Parliament's lower house on Wednesday passed four bills related to the tough conditions set by the global money laundering and terrorist financing watchdog FATF

Pak remains on FATF 'Grey List'; no breather till it checks terror funding

The decision has been taken at the Financial Action Task Force's plenary in Paris