JUL-21 BOUDHIK YOJANA
Jul-04-2021 Samachar Sameeksha: Pakistan on FATF Grey List Ø In all the focus on Chinese virus COVID and vaccination, an important news did not hit the headlines Ø FATF has retained Pakistan on it’s grey list i.e a list of countries under increased scrutiny for terror funding, money laundering and other activities Ø The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. The inter-governmental body sets international standards that aim to prevent these illegal activities and the harm they cause to society. As a policy-making body, the FATF works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas. Ø Pakistan was retained on the grey list, or list of countries under "increased monitoring", as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups. Ø With...