Specify steps to curb terror finance: India to Pakistan – Economic Times


New Delhi: India raised 28 Pakistan-related queries at the just-concluded Financial Action Task Force (FATF) meet in Sydney and demanded that Islamabad specify the measures taken to curb finances of Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM).

The Pakistan delegation at the meet claimed that responses to the queries on terror financing would be provided in the next review meeting scheduled to be held in Paris on February 17-18. The Pakistan delegation at the meet said all the actions recommended by the FATF had been taken and a compliance report submitted to its headquarters.

Pakistan was put on FATF grey list last June at the plenary meet in Paris. By the end of this September, Pakistan has to comply with the 10-point action plan on combating terror financing and money laundering to get out of the list, or else it runs the risk of being downgraded. All permanent members of the UN Security Council are also members of the FATF-backed move to put Pakistan on the grey list.

Last September, a nine-member Asia-Pacific FATF group met three Pakistan agencies — Federal Investigation Agency, Financial Monitoring Unit and Anti-Narcotics — to find out whether terror financing risks had been identified or not.



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