Nyu, Private university in New York City, New York

Pakistan has been lobbying with the Financial Action Task Force (FATF) which is due to present, by October, its evaluation report on Islamabad's action plan to curb terror financing.Last month, the FATF's regional affiliate Asia-Pacific Group (APG) had put Pakistan in the enhanced expedited follow-up list, a category reserved for countries having major deficiencies in their anti-money-laundering and counter-financing of terrorism framework and implementation.Pakistan has been under the FATF radar for its complicity towards terror groups like Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM) among others. In addition, terrorists like Hafiz Saeed are regularly seen ranting anti-India rhetoric and collecting so-called donations.The FATF recently gave a stern message to Pakistan to expedite its action plan for curbing terror financing by October or face the prospect of getting blacklisted, which could aggravate problems for its stagnant economy.One of the constant themes of Pakist propaganda has been that various countries -- primarily India -- were politicising FATF's proceedings.However, the reality is different.In a run-up to the FATF Plenary scheduled to be held in Paris from October 13 to 18 where Pakistan's compliance with the action plan will be assessed, Islamabad has been engaged in hectic lobbying in a desperate bid to influence the outcome in its favour.In addition, Pakistan Prime Minister Imran Khan will meet leaders from Japan, Malaysia, New Zealand, South Africa, Turkey, France, Germany, Britain and Canada on the sidelines of 74th session of United Nations General Assembly in New York from September 17 to 20.Khan's meetings have also been proposed with the leaders of Indonesia, Australia, Italy, Belgium, Netherlands, Denmark, Norway, the United States, Mexico and Argentina to muster support on issues related to FATF and grey-listing process.Pakistan's Foreign Minister Shah Mehmood Qureshi is also scheduled to seek support from Kuwait, Sweden, South Korea, China, Oman, Qatar, UAE, Russia, Greece Austria, Spain, Luxembourg, Ireland, Brazil and other countries on the sidelines of the UN General Assembly.During recent assessments, Pakistan has been rated low on 10 out of 11 FATF immediate outcomes, and partially or non-compliant on 30 out of 40 FATF recommendations as per its mutual evaluation report.Under the FATF action plan, Pakistan has nothing substantial to show by way of terror-related seizures in the list of over 900 seized properties of various terror orgsations. Nor were formal terror financing cases lodged or investigations completed since February 2018.Thus, Pakistan has been largely non-compliant on all parameters stipulated by the FATF.( With inputs from ANI )

NyuFOLLOW

Nyu, Latest News

President Donald Trump on Wednesday - the 18th anniversary of the 9/11 terrorist attacks - promised to escalate combat against the Taliban in Afghanistan, two days after cancelling peace talks with the insurgent group because of a new deadly attack i ...

It may not just be artists who make their eyes the centre-point of their own original work. New research suggests that Instagram users tend to compose selfies that horizontally centre on one of our eyes, particularly the left. ...

The Indian team, led by Secretary (East) in the Ministry of External Affairs Vijay Thakur Singh, gave a strong and yet dignified rebuttal to Pakistan's wild allegations of human rights violations in Kashmir at the UN Human Rights Council. ...

American supermodel Kendall Jenner, who is serving as a spectator at the New York fashion week this year, is missing spreading glamour on the runway. ...

(life) Grammy-winning Musician Ricky Kej swears by the power of the language of music. And he is using it to drive home his concerns. Many songs by Kej, a staunch environmentalist, highlight the urgency towards pressing environmental issues. But goin ...

Actor Rishi Kapoor who was in New York for treatment of an unknown medical condition is finally heading back to India after staying there for almost a year. ...

The Director of the Media Lab at the Massachusetts Institute of Technology (MIT) has resigned following the publication of a news report detailing his ties to the late disgraced financier Jeffrey Epstein and his donations to the highly esteemed insti ...

Pakistan has been lobbying with the Financial Action Task Force (FATF) which is due to present, by October, its evaluation report on Islamabad's action plan to curb terror financing. ...