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India is likely to go through its FATF country assessment early next year. Some issues could prove a sticking point, including demonetisation and crackdown on shell firms.
Pakistan President Arif Alvi called the joint sitting of both houses of Parliament Wednesday evening after Senate rejected the Anti-Terrorism Act (amendment) Bill, 2020.
If Pakistan fails to comply with the FATF directive by October, there is every possibility the global body may put it in the blacklist along with North Korea and Iran.
Financial Action Task Force is a global money laundering & terrorist financing watchdog that sets international standards to prevent illegal activities.
Of the terrorists killed in Jammu and Kashmir this year, 77 were local recruits and 10 were foreign terrorists, according to data maintained by security forces.
The Pakistan 'deep state' is said to be hard at work trying to attack India as the Modi govt focuses its efforts on tackling the Covid-19 crisis.
Pakistan has to work on FATF’s 27-point action plan to come out of the ‘grey list’, but India believes it is still financing terror amid the Covid-19 pandemic.
For Pakistan, the grey list is better than the black list, especially when the country’s intent is not to shut down the jihad completely, not any time soon.
Looking to showcase its performance on convictions and property seizures, the Enforcement Directorate is preparing for FATF’s anti-money laundering audit.
At the FATF plenary that concluded Friday, Pakistan was accused of failing to fully comply with its 27-point action plan aimed at curbing terror-financing.