The Pakistan leadership will also be using the recent bomb attack on the Hamid Karzai international airport, which was claimed by IS-KP, as an opportunity to project that along with the Taliban, it was an indispensable partner for the US to tackle the emerging IS-KP threat.
Pakistan is yet to fully implement the 27-point action plan over money laundering and terror financing.
The Financial Action Task Force on Thursday decided to retain Pakistan on the “greylist” till the next review of its performance on the recommendations during the June Plenary session.
Pakistan will continue to remain on the Grey List of the Financial Action Task Force (FATF). The Paris-based body has asked the country to demonstrate "effective implementation" of targeted financial sanctions against all 1267 and 1373 designated terrorists.
The Paris-based Financial Action Task Force had placed Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action to curb money laundering and terror financing by the end of 2019 but the deadline was extended later on due to COVID-19 pandemic.
Pakistan has been deceiving the FATF Task Force by pretending to take action against internationally designated terrorist groups and their financial networks but only on paper, a report said.
Pakistan will remain to be on the grey list of Financial Action Task Force (FATF), the terror-financing watchdog announced on Friday during its virtual plenary session.
The report came a day ahead of the group's virtual plenary session which will review Pakistan's progress on the 27-point action plan.
The Financial Action Task Force is all set to decide on Pakistan's grey list status in a virtual meeting scheduled later this month, according to a media report on Monday.
The much-awaited Financial Action Task Force (FATF) mutual evaluation of India's anti-money laundering regime and legal measures framed to check financial crimes, scheduled for this year, has been postponed till early next year in view of the coronavirus pandemic.
Pakistan Foreign Minister Shah Mehmood Qureshi said on Saturday that the government has prepared eight bills for legislation on anti-money laundering and terror financing with a view for Islamabad to move from the Financial Action Task Force's grey list to the white list.
Pakistan on Friday rejected as "fabricated news" the reports in the media about its continuation on the FATF's Grey List, saying no "new decision" was taken about it at the virtual plenary of the global terror financing watchdog.
The decision has been taken as Pakistan has failed to check flow of money to terror groups like Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM), the official said. The FATF decision comes on a day the US Country Reports on Terrorism slammed Pakistan as a safe harbour for "regionally focused terrorist groups" and allowing LeT and JeM to operate from its soil.
The global terror financing watchdog, FATF, on Wednesday decided to keep Pakistan in the "Grey List" as it has failed to check flow of money to terror groups like the LeT and the JeM, officials said.
China on Friday praised close-ally Pakistan's "enormous efforts" in combating terror financing and played down reports that it backed India and other countries against Islamabad at the just- concluded FATF meeting in Paris that retained the country in the Grey List.
The Financial Action Task Force (FATF), the global anti-terror funding watchdog, on Friday decided to keep Pakistan on its 'grey' list till June 2020. The Islamic nation also gets stern warning from FATF on terror funding.
Indian Army Chief General MM Naravane on Thursday reckoned that China had realised that it cannot back Pakistan all the time, going on to add that Beijing may be “forced” to rethink its strategy vis-à-vis Islamabad
As the review meeting of Financial Action Task Force (FATF) held in the French capital Paris on Tuesday, Pakistan retained its position in the grey list of the terror watchdog.
Jaish-e-Mohammad supremo Masood Azhar has gone missing, Pakistan claimed ahead of the meeting of the Financial Action Task Force (FATF) which will take up the Pakistan dossier for discussion on Friday. The FATF plenary started in Paris on Sunday.
The Financial Action Task Force (FATF) to decide on Pakistan's fate starts today in the French capital Paris. The terror financing watchdog will assess the steps that Imran Khan government has taken against the terrorist organisations operating from its soil and then take a call whether Pakistan will be taken out of the Grey List of FATF or ask it to do more.
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