FATF

FATF News

Pakistan could be blacklisted by FATF due to 'lobbying by India', says Shah Mahmood Qureshi

In June last year, the Paris-based FATF had placed Pakistan on the 'grey list' of countries whose domestic laws are considered weak to tackle the challenges of money laundering and terrorism financing.

Pak demands India's removal from terror financing watchdog's review body

"India's animosity towards Pakistan was well known and the recent violation of Pakistan's airspace and dropping of bombs inside Pakistani territory was another manifestation of India's hostile attitude," Pakistan Finance Minister Asad Umar wrote in a letter to FATF.

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Pakistan must take strict measures to avoid sanctions over FATF non-compliance: Finance secretary

Last year, the Paris-based FATF, an international terror financing watchdog, finalised a report with 40 recommendations for de-listing Islamabad from its 'grey list'. Pakistan was placed on the list for failing to curb anti-terror financing.

Financial action team finalises report with recommendations for de-listing Pak from grey list

A nine-member team of the FATF's Asia-Pacific Group (APG) arrived here to review the measures as promised by Pakistan in June to tackle the concerns about money laundering and terror financing.

FATF-Asia Pacific Group delegation to visit Pakistan next week

Initial reports in Pakistani media said the National Counter-Terrorism Authority (NACTA) had informed the caretaker government that it did not have the capacity to prepare the “National Risk Assessment Report”, and suggested that the Federal Investigations Agency (FIA) do it instead.

Pakistan set to face financial difficulties after being placed in 'grey list' by FTAF: report

The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.

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India lauds global financial watchdog FATF's decision to place Pakistan on 'grey list'

India has been seeking global action against Pakistan for allowing terror safe havens in its territories, and has been pressing for punishing Pakistan-based terrorists involved in a series of attacks in India, including the 2008 Mumbai attack.

India congratulates China for becoming vice chair of FATF

On Friday, the FATF placed Pakistan under monitoring in its International Cooperation Review Group until June 2018 for compliance of Anti-Money Laundering and Combating Finance of Terrorism regulations.

Terror grey list: Pakistan under watch, call in June

Over the next four months, Islamabad is expected to comply with certain conditions failing which they will find mention in FATF’s formal statement, as per officials who were present at the FATF plenary which ended on February 23.

Terror funds: India freezes accounts of over 3 dozen suspects

India is a full-member of this reputed global body, the Financial Action Task Force (FATF), along with other nations like the US, France, Germany and the United Kingdom

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