Even if Pakistan remains in grey list, it would lose 10 billion USD annually

imrankhan11New Delhi Oct 14: Will Pakistan remain in the grey list or will it be downgraded to the blacklist? All indications are that Pakistan would stay on in the grey list with support from China and Malaysia.

Though it has been recommended by the Asia Pacific Group that Pakistan should be downgraded to the blacklist, the FATF is most likely to keep Pakistan in the grey list.

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Ban to protect, ban to protect: Pakistan and its long history of eyewashes

hafiz-aliNew Delhi, Oct 11: Ahead of the crucial FATF meet four persons closely associated with Lashkar-e-Tayiba chief, Hafiz Saeed were arrested in Pakistan.The four were identified as Zafar Iqbal, Hafiz Aziz, Muhammad Ashraf and Abdul Salam.

Pakistan, it may be recalled had booked several cases against the Lashkar-e-Tayiba’s financial wing, Jamaat-ud-Dawah. These actions look like Pakistan is making last ditch attempts to avoid being blacklisted by the FATF, which is meeting between October 12 to 15.

Action by Pakistan on Hafiz Saeed lacking says FATF

New Delhi, Oct 07: The Asia Pacific Group of the Financial Action Task Force (FATF) which decided to place Pakistan in the Enhanced Expedited Follow Up List as it failed to meet its standards said that the country has not taken enough action to implement sanctions against Lashkar-e-Tayiba chief, Hafiz Saeed.

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Unable to clamp down on Lashkar-e-Tayiba, Hafiz Saeed, Pak stares at being blacklisted by FATF

New Delhi, Oct 07: Pakistan has clearly not done enough on the terror funding front and it has been panned by the Finance Action Task Force for the same.

The Asia Pacific Group of the Financial Action Task Force (FATF) decided to place Pakistan in the Enhanced Expedited Follow Up List as it failed to meet its standards. It also said that the country has not taken enough action to implement sanctions against Lashkar-e-Tayiba chief, Hafiz Saeed.

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Going slow on Hafiz Saeed, looking up to Azhar, Pak is only worsening its case at FATF

hafiz-masood-fatfNew Delhi, Sep 09: After failing 32 of the 40 parameters, the Asia Pacific Group of the Financial Action Task Force (FATF) decided to place Pakistan in the Enhanced Expedited Follow up list.

This was being seen as a big setback for Pakistan ahead of the crucial plenary of the FATF to be held in October. While, the situation for Pakistan remains grim as it has not done much to curb terror financing, going easy on Lashkar-e-Tayiba boss, Hafiz Saeed and now releasing Jaish-e-Mohammad chief, Maulana Masood Azhar is not doing any good for the country.

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At key FATF meet, Pakistan faces 125 daunting questions on terror

FATFNew Delhi, Sep 10: The crucial meeting of the FATF has begun. The Asia Pacific Group of the Financial Action Task Force (FATF) is meeting in Bangkok to assess the action taken by Pakistan on terror. Pakistan is being represented by Federal Minister for Economic Affairs, Hammad Azhar.

The Pakistan delegation also comprises representatives of State Bank of Pakistan and Directors of SECP. The head of the Financial Intelligence Unit is representing New Delhi at the meet.

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With FATF breathing down Pakistan’s neck, Hafiz Saeed to remain in jail

New Delhi, Aug 25: Pakistan has decided to keep Lashkar-e-Tayiba chief, Hafiz Saeed in jail fearing action by the Financial Action Task Force.

Saeed, a UN designated terrorists and mastermind of the Mumbai 26/11 attack will remain in jail as Pakistan faces the heat from the FATF. It has been pointed out on several occasions that Saeed through his charities raises funds, which are in turn used to fund terror.

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With Saeed according justice through Sharia courts, can Pakistan bring him to book

New Delhi, July 06: In the wake of a stern warning from the Financial Action Task Force, Pakistan decided to initiate 23 cases against Lashkar-e-Tayiba chief Hafiz Saeed and 12 of his aides.

The counter-terrorism department said that it had launched 23 cases against Saeed and 12 others for using five trusts to collect funds and donations for the Lashkar-e-Tayiba. The department also brought under its radar two of its sister concerns, the Jamaat-ud-Dawa and Falah-i-Insaniyat.

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Terror financing charges against Hafiz Saeed does not appear credible, verifiable

New Delhi, July 04: Pakistan has slapped terror financing charges against Lashkar-e-Tayiba boss, Hafiz Saeed and the trusts associated with him.

The move comes in the wake of a stern warning from the Financial Action Task Force which asked Pakistan to act on terror financing or be downgraded to the black list. A crucial meeting of the FATF is scheduled for October this year.

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Comply with action plan by October or get downgraded to blacklist; FATF tells Pakistan

New Delhi, June 21: The Financial Action Task Force has told Pakistan in clear terms that it would be blacklisted if it does not comply with the action plan by October 2019.

The FATF which monitors terror funding is meeting at Orlando on June 20 and 21. During the meeting it would track the progress by Pakistan on a 27 point action plan.

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