Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021
1234567
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Substantive progress made on FATF items, says FO

0
Substantive progress made on FATF items, says FO

ISLAMABAD: The Foreign Office on Friday said that Pakistan had made substantive progress on the remaining items of the Financial Action Task Force’s (FATF) Action Plan.

“FATF had assessed Pakistan to have completed 21 of the 27 Action Items under the current Action Plan. In the remaining six partially addressed items, significant progress has been made by Pakistan, which is duly acknowledged by the wider FATF membership,” Foreign Office Spokesman Zahid Hafeez Chaudhri said at the weekly media briefing.

Pakistan, he said, remained committed to completing the implementation of the FATF Action Plan.

Working groups start meetings ahead of Feb 22 plenary session

Mr Chaudhri made these comments as the FATF’s working groups started their meetings ahead of the upcoming plenary session, which would be held virtually from Feb 22 to 25. The plenary meeting would decide Pakistan’s case after assessing the progress made by the country on the action plan given by the illicit financing watchdog.

Pakistan has been on the FATF’s ‘grey list’ for deficiencies in its counter-terror financing and anti-money laundering regimes since 2018.

In its last meeting held in October last year, the watchdog had decided to retain Pakistan on the list of ‘jurisdiction under enhanced monitoring’ till the review in February 2021 when the status of its compliance with recommendations would be reassessed.

Pakistan till the last assessment was found to have not adequately acted against the organisations linked to the terror groups listed by the UN Security Council; and regarding prosecution and conviction of banned individuals. Similarly, it was said to have done little to tackle terror financing through smuggling of narcotics and precious stones.

Pakistan has lately taken further steps to convince the FATF to normalise its status. These actions included the prosecution of Lashkar-e-Taiba founder Hafiz Saeed and his associates in terror financing cases.

Foreign Minister Shah Mahmood Qureshi, while briefing the Senate Foreign Affairs Committee a couple of weeks ago, hoped that the FATF would delist Pakistan from its grey list at its next plenary meeting.

Mr Chaudhri, while responding to another question at the briefing, said: “As a responsible state, Pakistan remains firmly committed to peace in the region and beyond.”

The spokesman criticised India for its “hegemonic and expansionist designs” and “irresponsible actions” that were imperiling regional peace and security.

Noting that India had troubled relations with its neighbours, he asked Delhi to undertake “a serious course correction” for the sake of peace and security in the region.

While commenting on reports of disengagement between China and India after months of stand-off at the disputed border, he said: “We hope that the issue will be resolved as per the agreed understandings and available mechanism.”

Indian Defence Minister Rajnath Singh on Thursday informed the parliament that an agreement had been reached with China on disengagement “on the north and south banks of the Pangong lake.”

The standoff had started in April.

Published in Dawn, February 13th, 2021





Read also

Potential Celtics trade targets with Jay King and Michael Scotto

Stock Market- Investing

Venezuela’s Maduro receives first dose of Sputnik V COVID-19 vaccine




News, articles, comments, with a minute-by-minute update, now on Today24.pro



Today24.pro — latest news 24/7. You can add your news instantly now — here
News Every Day

Results and highlights: Yoka stops Djeko in 12th round