Pakistan pares down terrorist numbers in PoK to convince FATF
The country is now just two items away from completing both its FATF action plans
The country is now just two items away from completing both its FATF action plans
Pakistan submitted its third progress report in February this year and is yet to be evaluated.
For Minister Fawad Chaudhary was unequivocal in claiming credit for the terror attack in Pulwama last year and offered it as proof of the muscular approach adopted by his country.
US President and Prime Minister Narendra Modi were able to convey a robust message to the west of the Radcliffe Line, thanks largely to their personal chemistry.
The plenary session of FATF will be held in Paris on Friday.
According to UN provisions, all countries are required to freeze the funds and other financial assets or economic resources of designated terrorists. The resolution also provides for states to sanction basic expenses of the designated individuals if there is no-objection over it.
The report in question was submitted to the FATF during the Asia Pacific Group's (APG) annual meeting in Australia's Canberra from August 18 to 23.
The Asia Pacific Group (APG) of the Financial Action Task Force (FATF) has also found that Pakistan was non-compliant on 32 of the 40 compliance parameters of terror financing and money laundering.
This came following a strong warning to Pakistan by the FATF which stated that the country could be blacklisted unless it fulfils by October an "action plan" against UN-designated terrorists operating on its soil.
Pakistan has conveyed its concerns to President Marshall Billingslea through a letter sent by Asad Umar, Pakistan’s Finance Minister, media reports from Pakistan said.
