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European Union Asks Pak To Follow Steps Outlined By FATF To Prevent Terrorism, Money Laundering

European Union Asks Pak To Follow Steps Outlined By FATF To Prevent Terrorism, Money Laundering

NDTV
Tuesday, June 29, 2021 1:56 PM GMT

The EU remarks come days after UN-affiliated watchdog announced retaining Pakistan on its "grey list" as it failed to investigate and prosecute the senior leaders of UN-designated terror groups.

Terming the fight against terrorism and money laundering as its top priorities, the European Union has urged Pakistan to follow the steps outlined by the Financial Action Task Force (FATF). The EU remarks come days after the UN-affiliated watchdog announced retaining Pakistan on its ''grey list'' as it failed to investigate and prosecute the senior leaders of United Nations-designated terror groups. FATF President Dr Marcus Pleyer had said Pakistan will remain on the grey list till it addresses all items on the original action plan agreed to in June 2018 as well as all items on a parallel action plan handed out by the watchdog's regional partner - the Asia Pacific Group (APG) - in 2019. Daniel Ferrie, a spokesperson for the European Commission, said financing terrorism and preventing money laundering were the EU's top priorities, Geo News reported.
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