Pakistan will proceed to be on the ‘Grey List’ of the FATF because it must “further demonstrate” that motion is being taken towards UN-designated terrorists like India’s most wished Hafiz Saeed and Masood Azhar, and teams led by them, the worldwide physique towards terror financing stated on Thursday.
Addressing a press convention, Financial Action Task Force (FATF) president Marcus Pleyer stated the choice has been taken on the conclusion of the digital plenary of the organisation.
On the motion plan of Pakistan, Paris-based FATF requires it to reveal terror financing investigation and prosecution of leaders and commanders of UN-designated terrorist teams and their associates, Pleyer stated.
Pakistan continues to stay on “increased monitoring list”, he stated at a digital press convention from Paris.
“Increased monitoring list” is one other identify 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 worldwide physique towards cash laundering and terror financing stated.
“All these changes are about helping authorities prevent terrorism, stop corruption and prevent organised criminals from profiting from their crimes,” he stated.
