FATF retains Pakistan on its grey list; Turkey also added to list

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  • Pakistan will continue to be on the ‘Grey List’ of the FATF as it needs to “further demonstrate” that action is being taken against UN-designated terrorists like India’s most wanted Hafiz Saeed and Masood Azhar, and groups led by them, the global body against terror financing said on Thursday.
  • Addressing a press conference, Financial Action Task Force (FATF) president Marcus Pleyer said the decision has been taken at the conclusion of the virtual plenary of the organisation.
  • On the action plan of Pakistan, Paris-based FATF requires it to demonstrate terror financing investigation and prosecution of leaders and commanders of UN-designated terrorist groups and their associates, Pleyer said.
  • Pakistan continues to remain on “increased monitoring list”, he said at a virtual press conference from Paris.
  • “Increased monitoring list” is another name for the ‘Grey List’.
  • “Pakistan has taken a number of important steps but needs to “further demonstrate that investigations and prosecutions are being pursued against the senior leadership of UN-designated terror groups,” the president of the global body against money laundering and terror financing said.
  • “All these changes are about helping authorities prevent terrorism, stop corruption and prevent organised criminals from profiting from their crimes,” he said.
  • Source : indianexpress.com

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