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FATF Grey List: Why Pakistan must introspect on its efforts to check terror

  Pakistan is unlikely to exit the Financial Action Task Forces (FATF) grey list as it has been unable to comply with six of the 27 points in the global watchdogs action plan, according to reports The FATF had given Pakistan a total of 27 action plan obligations for completely checking terror financing of which so far it has cleared 21 but has failed in some of the key tasks. The obligations included action against two of India’s most wanted terrorists Maulana Masood Azhar and Hafiz Saeed. Besides, FATF has strongly noted the fact that there was sudden disappearance of the names of more than 4,000 terrorists from its original list of 7,600 under Schedule IV of its Anti Terrorism Act. The Paris-based global watchdog is holding its virtual plenary session on October 21-23. It will take the final call on  Pakistan’ s continuation on its grey list after a thorough review of Islamabad’s performance in fulfilling the global commitments and standards in the fight against money launde...