December 4, 2021
Share on facebook
Share on twitter
Share on linkedin

What does the FATF want from Pakistan?

What does the FATF want from Pakistan?

 Pakistan  Pakistan

The Financial Action Task Force (FATF) has retained Pakistan on its grey list – asking the country to act against organizations blacklisted by the UN.

Furthermore, FATF has asked Pakistan to take measures against specific individuals by confiscating and freezing their assets and moving forth with mutual legal assistance MoUs with other countries.

The document laid forth by the FATF signifies Pakistan’s level of compliance with its demands or recommendations.

Read Also | Pakistan says talks with IMF in final stages

Pakistan was downgraded from somewhat compliant to non-compliant due to inaction on one of the action items between the period of September 2020 and September 2021.

It merits mentioning that there are 17 Pakistanis on UNSCs “consolidated list” as of October 22, 2021.

Additionally, there are dozens of Taliban leaders, including its officials, still on the sanctions list.

The watchdog’s action plan given forth to Pakistan wants the country to act against everyone on the UN list.

While monitoring professionals, realtors and sharing data and intelligence with other countries is as challenging as possible, the most uphill task is locking action against individuals and organizations named in the UN security council list.

There are a total of 17 Pakistanis on the UN’s consolidated list. This list also details their affiliation.  They are from Lashkar-e-Tayyiba, Jaish-e-Mohammad, other Kashmir focused groups, the TTP, and Ummah Tameer e-Nau. It is pertinent to mention that most of them have been detained for years, and there is not much clarity regarding what could be done next.

Leave a Reply

Your email address will not be published. Required fields are marked *

Poll

How do you see the govt's measures to control inflation and provide relief to the poor?

View Results

Loading ... Loading ...

More Stories

Carnage at PSX: More than 2,000 points lost in intraday trading

Carnage at PSX: More than 2,000 points lost in intraday trading

Pakistan – The Pakistan Stock Exchange (PSX) witnessed a bloodbath on Thursday, with the benchmark index going down by 1,936 points during intraday trading. Traders cited the broadening trade deficit as the reason behind the…

Pakistan’s trade deficit hits all-time high

Pakistan’s trade deficit hits all-time high

Pakistan – In Pakistan November brought a rise of 162.4 per cent in the country’s trade deficit, primarily driven by a significant increase in the national import bill. The negative trend in the trade deficit…

Video: Man commits suicide at Lucky One Mall in Karachi

Video: Man commits suicide at Lucky One Mall in Karachi

Karachi – A 40-year-old unemployed man died by jumping from the third floor at Karachi’s LuckyOne Mall, the police confirmed Tuesday. The body was taken to the Abbasi Shaheed Hospital in Paposh Nagar for medico-legal…

Related Videos

cropped-logos_1-1-scaled-1.jpg

Join Our Newsletter

Get latest articles, Jobs, freebies, entertainment news delivered directly to your inbox.

170000 subscribers are here.