Pakistan retained on terror financing watchdog FATF’s ‘greylist’ again

Prove investigations targeted terror groups, Financial Action Task Force tells Islamabad.

The on October 21 retained Pakistan in the ‘greylist’ yet again, observing that it needed to further demonstrate that investigations and prosecutions were being pursued against the senior leadership of U.N.-designated terror groups, which include Lashkar-e-Taiba, Jaish-e-Mohammed, al-Qaeda and the Taliban.

At a press conference, Pakistan remained under increased monitoring.

“The Pakistan Government has two concurrent action plans with a total of 34 action plan items. It has addressed or largely addressed 30 of the items. Its most recent action plan from June this year, which largely focussed on money laundering deficiencies, was issued after the FATF’s regional partner APG, that is Asia Pacific Group, identified a number of serious issues,” said Dr. Pleyer.