Pakistan remains on FATF’s grey list: Report
India Today
The Paris-based Financial Action Task Force (FATF) has retained Pakistan on its terrorism financing “grey list”.
The global money laundering and terrorist financing watchdog FATF has retained Pakistan on its terrorism financing “grey list” and asked Islamabad to address at the earliest the remaining deficiencies in its financial system, according to a media report on Saturday.
Pakistan has been on the grey list of the Paris-based Financial Action Task Force (FATF) since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.
Since then, the country continues to be on that list due to its failure to comply with the FATF mandates.
ALSO READ: New friend Turkey on terror watch list, who will help Pakistan at FATF now?
The plenary on Friday decided against existing Pakistan from the category despite the country meeting 32 out of 34 action points, the Dawn newspaper reported.
However, Pakistan’s robust progress on its global commitments to fight financial crimes was appreciated at the concluding session of its hybrid plenary meeting, which noted that Pakistan had completed 26 of the 27 action items in its 2018 action plan of the FATF and of the seven action items of the 2021 action plan of the watchdog’s Asia Pacific Group on Money Laundering (APG).
The plenary noted that since June 2018 — when Pakistan made a high-level political commitment to work with the FATF and APG to strengthen its anti-money laundering/combating the financing of terrorism (AML/CFT) regime and to address its strategic counter-terrorist financing-related deficiencies — the country’s continued political commitment had led to significant progress across a comprehensive CFT action plan, the report said.
Iran's Foreign Minister mocked the US for the mounting expenditures and said that the citizens have to pay the cost due to Israel.
In an Instagram post titled, "The metro comparison nobody talks about," she described an experience that caught her off guard.
The world is facing an energy crisis as Iran blocked supplies passing through the Strait of Hormuz after strikes by the US and Israel. Vital subsea cables that carry global internet traffic also pass through Hormuz. Any damage to them could trigger internet outages and hit financial systems across countries, including in India.
A techie used an immersion rod to cook curry after running out of gas, with the viral video showing an exaggerated version of people's realities amid the ongoing LPG crisis in India.
The bodies of the deceased were taken to the Civil Hospital and Jinnah Hospital for identification, the rescue members of Pakistan's largest non-profit social welfare organisation, The Edhi Foundation, told Reuters.
Following the detection of the drones, the US administration held high-level meetings with senior officials. In addition, a high alert was issued for the US Army, amid possibilities of Iranian retaliation.
Images of pre-Islamic Zoroastrian kings and warriors have been unveiled in Iran, evoking courage and resilience. Many say the Ayatollah regime in Iran revives the country's Persian identity during conflicts with Israel and the US. But this Persian heritage has always run deep, and is visible from time to time, in both dissent and unity.
Born of colliding continents and vanished seas, the Strait of Hormuz is the million‑year accident that turned buried oceans into oil, and a thirty‑mile gap in the rocks into the world's most dangerous chokepoint.
The US-Israel war was meant to decapitate Iran's hardline leadership, but the killing of the "pragmatic" Ali Larijani might have done the opposite. By eliminating consensus-builder Larijani, the Israelis might have removed any scope of talks and pushed Iran into deeper hardline control. This could be a ploy to keep the war going.
The newly launched Vande Bharat Sleeper train has sparked widespread commentary as passengers share initial experiences of its modernised amenities, particularly on the Howrah-Guwahati route inaugurated in January.
The assassination of Ali Larijani, one of Iran's most powerful decision-makers, marks a major escalation in the ongoing US-Israel-Iran war and comes amid a sustained campaign targeting the country's top leadership.
The assassination of Ali Larijani, one of Iran's most powerful decision-makers, marks a major escalation in the ongoing US-Israel-Iran war and comes amid a sustained campaign targeting the country's top leadership.
Expect Iran to become more hardline: Geopolitical expert and author Fareed Zakaria reflects on aftermath of US-Israel strikes