Source: TH Context: The Financial Action Task Force (FATF), during its ongoing plenary in Paris, is expected to deliberate on the issue of state-sponsored terrorism financing. About Financial Action Task Force (FATF): What it is? The FATF is an intergovernmental policy-making body that sets global standards to combat money laundering, terrorist financing, and proliferation financing. …
GS Paper 2: Syllabus: Important International institutions, agencies and fora, their structure, mandate. Context: Pakistan is hoping for some reprieve as the international watchdog Financial Action Task Force (FATF) will begin meetings in Berlin ahead of its plenary session. Background: Pakistan was put on the grey list by the Paris-based FATF in June …
GS Paper 2: Topics Covered: Indian and its neighbourhood. Important International institutions, agencies and fora, their structure, mandate. Context: Pakistan’s efforts to investigate and prosecute leaders of UN-designated terror groups in order to counter terror financing will be assessed during the ongoing meetings of the Financial Action Task Force (FATF) in Paris. The multilateral …
GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate. Context: The Financial Action Task Force (FATF) has added Turkey, along with Jordan and Mali, in its revised list of “jurisdictions under increased monitoring”, also known as the FATF grey list. There are now 23 countries in the list. What …
GS Paper 2 Topics Covered: Important International Institutions. Context: Pakistan will continue to be on the ”Grey List” of the FATF as it needs to “further demonstrate” that action is being taken against UN-designated terrorists like India’s most wanted Hafiz Saeed and Masood Azhar, and groups led by them. What next? On the …
