Pak Must Take Verifiable, Irreversible Steps Against Terrorism: India
Mumbai: India on Saturday said that hopefully by September, Pakistan will take all necessary steps to fully implement the work plan of FATF and to relieve the global concerns related to terrorism and terrorist financing from its soil, Verifiable and irreversible measures.
In response to a media query about the FATF report, Foreign Ministry spokesman Raveesh Kumar said that FATF decided to continue with Pakistan on its compliance document (i.e. the grey list) for the failure of the International Cooperation Review Group (ICRG) is. In order to complete the planning items in January and May 2019.
“We hope that Pakistan will take all necessary steps to effectively implement the FATF Action Plan within the remaining time frame till September 2019 according to its political commitment to FATF. To resolve the concerns related to global concerns, Reliable, irreversible and irreversible measures for terrorism and terrorist financing from the control of any area,” he said.
FATF, the Paris-based global body, is working to curb terrorism and curb money laundering and ask Pakistan to resume the operation of restricted terrorist organizations in the country.
In a statement issued at the conclusion of its full meeting in Orlando, Florida, FATF expressed concern that “not only did Pakistan fail to complete its work plan with the deadline of January, due to May 2019, but its work plan items also Failed to complete.”
FATF urges “firmly” to complete its work plan from Pakistan when the last action plan item ends.
“Otherwise, the FATF will decide the next step for inadequate progress,” the international financial institution warned Pakistan strongly.
FATF said that Pakistan has taken steps to improve its AML / CFT (Combating Anti-Money Laundering / Financial Terrorism), which recently included the development of its Terry Funding Risk Assessment Addendum
In June last year, FATF had put Pakistan in the grey list of countries whose home laws are considered weak to deal with the challenges of financing and terrorism financing.
Responding to FATF’s warning, Pakistan on Friday said that it was committed to taking necessary measures to implement the agreed action plan with FATF to come out of the greylist.
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