Pakistan’s case not taken up at FATF meeting: FO

Published June 27, 2020
Country will continue to be on grey list till October. — Photo courtesy 출처표시/File
Country will continue to be on grey list till October. — Photo courtesy 출처표시/File

ISLAMABAD: The Foreign Office on Friday said that Pakistan’s case was not taken up at the Financial Action Task Force (FATF) meeting held earlier this week and it would continue to be on its ‘grey list’ till October.

“The agenda of FATF’s virtual plenary meeting, held on 24 June 2020, did not include Pakistan. In this virtual plenary meeting, no new decision regarding Pakistan was made,” the FO said in a statement.

Therefore, the decisions taken at the FATF’s plenary held in February would remain in effect, it said.

Pakistan was at the last plenary given a six-month extension (till June 2020) on the grey list for meeting the remaining requirements of its action plan with a warning that action would be taken against it if it did not show “significant and sustainable progress especially in prosecuting and penalising terrorism financing cases”.

Pakistan has been on the grey list since June 2018. The grey list comprises countries being monitored by the illicit financing watchdog for weaknesses in their anti-money laundering and counter-terrorism financing regimes.

Country will continue to be on grey list till October

Pakistan’s case was not discussed at the Paris meeting because of a decision taken by FATF on April 28 to suspend the ICRG (International Coope­ration Review Group) review process for the countries on the grey list.

Evaluation of Pakistan’s progress on the FATF Action Plan would now be made in the next plenary cycle beginning in October. The next cycle would have a new president. China led FATF from Oct 2019 to June 2020.

“Pakistan remains committed to completing its FATF Action Plan and continues to make progress,” the FO said.

This situation was, however, misreported by the Indian media, which claimed that the June 24 plenary kept Pakistan on the grey list for failing to check flow of money to terror groups. Indian Ministry of External Affairs (MEA) too jumped in to exploit the misrepresentation of the situation by claiming that it vindicated Delhi’s stance about Pakistan not taking action against terrorist networks.

The FO said it rejects the remarks by MEA spokesperson and outrightly dismisses the “fabricated news reports” in Indian media.

Indian media reports in this regard, it said, were “patently misleading and part of the incessant smear campaign by India against Pakistan”.

The FO recalled that it had repeatedly warned about India’s “sinister attempts” to use FATF process for its “narrow” political gains.

“Pakistan has also been raising the issue of India’s dubious credentials as an impartial and objective assessor of Pakistan’s progress on the FATF Action Plan. India’s efforts to misuse the technical forum of FATF for discrediting Pakistan have been noticed by FATF members and are not appreciated by the international community,” it emphasised.

It called on FATF members to take note of India’s malicious campaign against Pakistan and reject its attempts to politicise the FATF process.

Published in Dawn, June 27th, 2020


Collective agency
07 Mar 2021

Collective agency

Sustaining the Indian farmers’ protest is strategic organisation.


A celebration of women
Updated 08 Mar 2021

A celebration of women

WE now know that the pandemic is no ‘great equaliser’. The repercussions of the contagion on livelihoods, mental...
08 Mar 2021

Loss-making SOEs

THE government has chosen 84 out of a total of 212 state-owned enterprises for privatisation, liquidation or...
08 Mar 2021

Breast cancer awareness

CONSIDER the implications of the following statistic: no less than 70pc of Pakistani women suffering from breast...
After the vote
Updated 07 Mar 2021

After the vote

PRIME MINISTER Imran Khan may have received the vote of confidence but it does not resolve the major issues that the...
07 Mar 2021

Wasted food

THE number is mind-boggling. According to the UN Environment Programme’s Food Waste Index, over 900 million tonnes...
07 Mar 2021

Covid-19 spike

FEARS about a spike in Covid-19 cases in the country turned real this week as coronavirus infections,...