Ahead of Paris Meet, India Pushes FATF To Crack Down on Global Terror Financing Networks
Pakistan is not on the FATF grey list and was officially removed from increased monitoring in October 2022. The countries on the FATF blacklist are North Korea, Iran, and Myanmar.
New Delhi: India has called for greater accountability in the global fight against terrorism while urging for stronger international cooperation to disrupt terrorist financing networks as the Financial Action Task Force (FATF) meeting gets going in Paris to review the efforts taken by countries in containing terror funding.
Ahead of the FATF plenary meeting India pressed the watchdog to review Pakistan's failure to take visible action against UN-designated Jaish-e-Mohammed (JeM) chief Masood Azhar after Taliban regime rejected Islamabad’s claim that he was in Afghanistan. Islamabad had recently announced a huge bounty of Masood, which India termed an eyewash. India has sought visible action on ground from Pakistan in cracking terror networks instead of symbolic gestures.
Pakistan is not on the FATF grey list and was officially removed from increased monitoring in October 2022. The countries on the FATF blacklist are North Korea, Iran, and Myanmar.
“As far as terror financing and cross-border terrorism are concerned, we have been amply clear about where we stand. Those responsible need to be held accountable. We need to do more to ensure that terrorism in all its forms and manifestations is fought harder and defeated by the global community,” Ministry of External Affairs spokesperson Mr Randhir Jaiswal said on Wednesday.
The delegates from across the FATF global network of more than 200 jurisdictions and observer organisations are in Paris to exchange views and reports on evolving threats to global financial integrity and security. The delegates will also review progress made by jurisdictions under increased monitoring.