Page-2 of Financial Action Task Force
India calls for increased cooperation between FATF and UN
To deal with the nexus of terrorist groups India called for increased cooperation between the United Nations (UN) and the Financial Action Task Force (FATF). Speaking at the General Assembly the first Secretary to India’s Permanent Mission said that the ..
Month: Current Affairs - October, 2019
Pakistan blacklisted by Asia-Pacific Group of FATF
The Asia Pacific Group (APG) of the Financial Action Task Force (FATF) has put Pakistan in Enhanced Expedited Follow Up List (Blacklist) for its failure to meet its standards. Decision in this regard was taken at FATF APG plenary meeting ..
Month: Current Affairs - August, 2019
FATF keeps Pakistan in Grey List for Failing to Stop Terror Financing
The Financial Action Task Force (FATF) condemning the Pulwama Terror Attack has decided to continue the ‘Grey’ listing of Pakistan for its failure to stop funding of terrorist groups such as Jaish-e-Mohammad, Lashkar-e-Taiba and Jamat-ud-Dawa. Why FATF has decided to ..
Month: Current Affairs - February, 2019
Financial Action Task Force places Pakistan in Grey List for failing to curb terror financing
The Financial Action Task Force (FATF) at its plenary meeting in Paris, France has officially placed Pakistan on its Grey List of countries involved in providing monetary assistance to terrorism and related causes for failing to curb terror financing on ..
Month: Current Affairs - June, 2018
Pakistan admits being added grey list of FATF
Pakistan has confirmed that it will be added on ‘grey list’ of the Financial Action Task Force (FATF) in June 2018, once an action plan is mutually negotiated. But it has disputed claims of being put on ‘black list’ from ..
Month: Current Affairs - March, 2018
China elected as vice chair of FATF
China was elected as vice chair of Financial Action Task Force (FATF), a global body mandated to combat terror financing and money laundering. In its plenary meeting in Paris, FATF had placed Pakistan under “grey list” subject to direct monitoring ..