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Pakistan to remain on global terror-financing 'grey list' till Feb next year: FATF FATF
Image credit: IBNS File

Pakistan to remain on global terror-financing 'grey list' till Feb next year: FATF

India Blooms News Service | @indiablooms | 23 Oct 2020, 09:14 pm

New Delhi/IBNS: Pakistan will continue to remain on the "grey list" of Financial Action Task Force (FATF) till February next year, the body, which acts as a global terror financing watchdog, ruled on Friday.

Pakistan, which has not met six of the 27 points it had to fulfil before its deadline ended in October this year, "needs to do more", the FATF stated, media reports quoting sources said.

The FATF also said that it will visit Islamabad only after the country fulfils all the conditions following which the curbs might be lifted.

"Pakistan has completed 21 out of 27 items. It means that the world has become safer but six deficiencies need to be repaired. We give them a chance to repair their progress and if not then a country will be pushed to the blacklist," the FATF was quoted as saying in media reports.

FATF had placed Pakistan in the grey list in June 2018 and asked for compliance of 27 action plans to come out from the scrutiny list until Sept 2019.

Pakistan has so far been given three times extension of three months, every time to comply with 27 action points.

India's reaction:

In its response, India said that it is understood that Pakistan has addressed only 21 action items so far out of total 27 point FATF Action Plan. Six important action items are yet to be addressed.

"As is well known, Pakistan continues to provide safe havens to terrorist entities and individuals and has also not yet taken any action against several terrorist entities and individuals including those proscribed by the UNSC such as Masood Azhar, Dawood Ibrahim, Zakir-ur-RahmanLakhvi etc," Ministry of External Affairs spokesperson Anurag Srivastava said during a media briefing on Thursday.