FM Qureshi says no room to keep Pakistan on FATF s grey list – Voice Of Vienna voiceofvienna.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voiceofvienna.org Daily Mail and Mail on Sunday newspapers.
Foreign Minister Shah Mahmood Qureshi said there was 'no room' for Pakistan to remain on the FATF's 'grey list,' citing the country's implementation of 26 of the global body's 27 points of action to combat money laundering and terrorist financing.
NEW DELHI: The Financial Action Task Force (FATF) on Friday retained Pakistan on its grey list for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of UN-designated terror groups, including Hafiz Saeed and Masood Azhar.
While the Philippines has been able to largely address” the Financial Action Task Force’s recommendations, there remain 18 points it must comply with to avoid sanctions.
MANILA: The Philippines has addressed most of an inter-governmental group’s recommendations to counter money laundering and terrorism financing but there are still deficiencies, the local watchdog said after the nation was placed under increased monitoring.
While the Philippines has been able to largely address” the Financial Action Task Force’s recommendations, there remain 18 points it must comply with to avoid sanctions, the nation’s Anti-Money Laundering Council said in a statement on Saturday.
SRINAGAR: Paris based international terror-financing watchdog, Financial Action Task Force (FATF) has retained Pakistan in its grey list and given it additional six tasks to move out of the status, reports said.