What's new

Featured India made sure Pakistan stays on FATF grey list: Indian foreign minister

Cash GK

SENIOR MEMBER
Sep 20, 2015
2,307
0
2,155
Country
Pakistan
Location
Spain
Indian External Affairs Minister S Jaishankar on Sunday admitted that Pakistan is on the grey list of the Financial Action Task Force (FATF) because of the "efforts of Narendra Modi's government," Geo News reported.

According to a report published by The Print, India's External Affairs Minister S Jaishankar credited the Modi-led government for its "efforts" to ensure that FATF kept Pakistan on the grey list.

The minister issued the statement while addressing BJP leaders’ training programme on the foreign policy of the government via video link, the outlet said.

“FATF as all of you know keep a check on fundings for terrorism and deals with black money supporting terrorism. Due to us, Pakistan is under the lens of FATF and it was kept [on] the grey list. We have been successful in pressurising Pakistan and the fact that Pakistan’s behaviour has changed is because of pressure put by India by various measures. Also terrorists from LeT and Jaish, India’s efforts through UN, have come under sanctions,” Jaishankar reportedly told the leaders, according to The Print.

It should be recalled that on June 25, the FATF had said that it recognises Pakistan's progress and efforts to address items in its country action plan that pertain to combating the financing of terrorism and has encouraged it to continue progress and address as soon as possible "the one remaining CFT-related item".

It had also handed the government six new anti-money laundering areas to work on.

Addressing a press conference after the June 21-25 plenary meeting concluded in Paris, FATF President Dr Marcus Pleyer had said that Pakistan remains under "increased monitoring".

"The Pakistani government has made substantial progress in making its counter-terrorist financing systems stronger and more effective. It has largely addressed 26 out of 27 items on the action plan it first committed to in June 2018," he said.

Dr Pleyer had said that the plan focused on terrorist financing issues.

He had said that the one key action item still needs to be completed "which concerns the investigation and prosecution of senior leaders and commanders of UN-designated terror groups".

The FATF president highlighted that Pakistan has "made improvements" after the Asia Pacific Group highlighted issues in 2019 during its assessment of Pakistan's entire anti-money laundering and counter-terrorist financing system.

"These include clear efforts to raise awareness in the private sector to Pakistan's money laundering risks and to develop and use financial intelligence to build a case.

"However Pakistan is still failing to effectively implement the global FATF standards across a number of areas. This means the risks of money laundering remain high which in turn can fuel corruption and organised crime."

Dr Player had said that this is why the FATF has worked with the Pakistan government on new areas that still need to be improved as part of a new action plan that largely focuses on money laundering risks.

This includes increasing the number of investigations and prosecutions and making sure law enforcement agencies cooperate internationally to trace, freeze and confiscate assets, he had said.

"This is about helping authorities stop corruption and prevent organised criminals from profiting from their crimes and undermining the financial system and legitimate economy in Pakistan," Dr Pleyer had added.


CHINA WILL MAKE SURE INDIA STAYS ON THEIR SALAMI SLICING LIST.
Pak will make sure India will be in big mess lol. Game just started
the biggest exporter of terrorism if india in subcontinent, history is ripe with it.
Sri Lanka, Bangladesh, Afghanistan, and Pakistan..

One thing i am realizing, India will never leave Pakistan alone, Pakistan or India, either one has to eventually subjugate other nation for this drama to eventually stop.
I tell you pak is unlucky county which has low lllife n mean Enemy
 
Last edited:

Adecypher

FULL MEMBER
Dec 17, 2014
1,443
1
1,521
Country
Pakistan
Location
United States
BUT the million-dollar question that remains to be answered is will Pakistan always remains on Back-Foot as a passive-aggressive state with no on-ground actions against its enemies? Or it will(ever) take the fight to the enemy's land and make them pay for the blood of our people?

Although I have very little faith in the latter but still hope for it.
This passive aggressiveness in so many domains is starting to become costly as days go by … I don’t know if it is even possible to single out the ones in power corridors backing this passive aggressive mindset … and also what motivates them to stick to such a policy? … very frustrating no doubt.
 
Last edited:

Smarana Mitra

FULL MEMBER
Feb 22, 2019
1,201
-8
494
Country
India
Location
India
For months I read that India would get Pakistan on the black list. Grey list is irrelevant.
FATF has many other countries too which support Pakistan. The grey list was a compromise due to Indian pressure. Getting Pakistan to black list is very difficult as other players don't want to completely cut off Pakistan. Nevertheless, India did succeed in getting favourable outcome
 

PradoTLC

SENIOR MEMBER
Mar 17, 2007
4,635
1
5,368
Country
Pakistan
Location
United Arab Emirates
Indian External Affairs Minister S Jaishankar on Sunday admitted that Pakistan is on the grey list of the Financial Action Task Force (FATF) because of the "efforts of Narendra Modi's government," Geo News reported.

According to a report published by The Print, India's External Affairs Minister S Jaishankar credited the Modi-led government for its "efforts" to ensure that FATF kept Pakistan on the grey list.

The minister issued the statement while addressing BJP leaders’ training programme on the foreign policy of the government via video link, the outlet said.

“FATF as all of you know keep a check on fundings for terrorism and deals with black money supporting terrorism. Due to us, Pakistan is under the lens of FATF and it was kept [on] the grey list. We have been successful in pressurising Pakistan and the fact that Pakistan’s behaviour has changed is because of pressure put by India by various measures. Also terrorists from LeT and Jaish, India’s efforts through UN, have come under sanctions,” Jaishankar reportedly told the leaders, according to The Print.

It should be recalled that on June 25, the FATF had said that it recognises Pakistan's progress and efforts to address items in its country action plan that pertain to combating the financing of terrorism and has encouraged it to continue progress and address as soon as possible "the one remaining CFT-related item".

It had also handed the government six new anti-money laundering areas to work on.

Addressing a press conference after the June 21-25 plenary meeting concluded in Paris, FATF President Dr Marcus Pleyer had said that Pakistan remains under "increased monitoring".

"The Pakistani government has made substantial progress in making its counter-terrorist financing systems stronger and more effective. It has largely addressed 26 out of 27 items on the action plan it first committed to in June 2018," he said.

Dr Pleyer had said that the plan focused on terrorist financing issues.

He had said that the one key action item still needs to be completed "which concerns the investigation and prosecution of senior leaders and commanders of UN-designated terror groups".

The FATF president highlighted that Pakistan has "made improvements" after the Asia Pacific Group highlighted issues in 2019 during its assessment of Pakistan's entire anti-money laundering and counter-terrorist financing system.

"These include clear efforts to raise awareness in the private sector to Pakistan's money laundering risks and to develop and use financial intelligence to build a case.

"However Pakistan is still failing to effectively implement the global FATF standards across a number of areas. This means the risks of money laundering remain high which in turn can fuel corruption and organised crime."

Dr Player had said that this is why the FATF has worked with the Pakistan government on new areas that still need to be improved as part of a new action plan that largely focuses on money laundering risks.

This includes increasing the number of investigations and prosecutions and making sure law enforcement agencies cooperate internationally to trace, freeze and confiscate assets, he had said.

"This is about helping authorities stop corruption and prevent organised criminals from profiting from their crimes and undermining the financial system and legitimate economy in Pakistan," Dr Pleyer had added.


CHINA WILL MAKE SURE INDIA STAYS ON THEIR SALAMI SLICING LIST.


thanks for confirming to us that FATF is just a political entity..

@ to all brain washed RSS indians

Education to you all... when we say something it is the truth.

when you say something it is 99% false.
India is a full member of FATF. To obtain membership one need to put your financial system in order which India did. Beside all member country undergo inspection every two years. India`s inspection was put on hold due to pandemic. There is nothing new in it.

the above Pakistani minister is unaware (still), how does one end up in FATF list. India put hard work in putting terrorist list in UN watch list. It followed up with tracking trails of money from Pakistan to this terrorist groups, which is why Pakistan was put up on FATF watchlist. FATF work on proofs and reports based on evidence. I doubt it will even pay attention to some unknown minister from Pakistan.

and yet indian terrorism in Pakistan is ignored.

and those whom you deemed terrorist are not necessary a terrorist,. Hafiz Saeed is great Kashmir freedom fighter warrior that has wacked many indian soldiers...but india made trumped up charges for Mumbai attacks which it's self staged.
I tell you pak is unlucky county which has low lllife n mean Enemy

I know we have a neighbour like india... yuck
 
Last edited:

CrazyZ

SENIOR MEMBER
Mar 3, 2019
3,688
2
4,828
Country
Pakistan
Location
United States
FATF has many other countries too which support Pakistan. The grey list was a compromise due to Indian pressure. Getting Pakistan to black list is very difficult as other players don't want to completely cut off Pakistan. Nevertheless, India did succeed in getting favourable outcome
Grey list is really not a big hindrance. Next time Pakistan will harp that the politicization of a technical group will spoil its legitimacy. In time we will get off....India is expending political capital for little effect.
 

niaz

PDF THINK TANK: CONSULTANT
Jun 18, 2006
5,063
206
10,905
Country
Pakistan
Location
United Kingdom
India has no more than the 'Nuisance' value' It was USA that asked FATF to put Pakistan on grey list. Here an article published in Dawn which explains why USA has put Pakistan in this situation. Indians may take the credit but the final say is the USA, not India

Quote
Pakistan on FATF’s grey list: what, why, and why now?
The grey listing should be placed in the larger picture of US-Pakistan relations that have had many ups and downs.

Shahid Karim | Usman Hayat Updated 10 Jun, 2019 04:58pm

The international watchdog against money laundering and financing of terrorism, the Financial Action Task Force (FATF), has put Pakistan on a list of “jurisdictions with strategic deficiencies”, also known as the grey list.

FATF’s reasoning is Pakistan’s “structural deficiencies” in anti-money laundering (AML) and combating financing of terrorism (CFT).

The other countries on the list, in alphabetical order, are Ethiopia, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia and Yemen.

This is not the first time Pakistan has found itself on one of FATF’s list of not-so-good guys; the country was there in 2008 and from 2012 to 2015.

Editorial: FATF’s unwelcome action

But Pakistan stands out as the most significant name on the list with the largest population and the largest economy, not to forget the largest military.

Pakistan now has 15 months to implement an action plan to be able to negotiate an exit from the grey list.

Entry and exit from FATF’s grey list is an ongoing exercise. In the past, some countries perceived to be particularly weak in money laundering and financing of terrorism, such as Panama, Kenya and Nigeria, have been able to find an exit from the grey list.

Here we break down Pakistan’s placement on FATF’s grey list by answering a set of questions.

What does FATF mean by money laundering and financing of terrorism?

Both are financial crimes. In simple terms, money laundering pertains to disguising money earned from a crime as money earned through legitimate sources.

The crime could be corruption, drug trafficking, fraud or tax evasion. Terrorist financing involves collection of funds to support acts of terror or terrorist organisations.

A key difference between the two is that, in money laundering, the source of funds has to be a crime.

In the financing of terrorism, funds may come from perfectly legitimate sources, such as donations from ordinary citizens, but the purpose has to be a crime.

What is FATF looking for in AML and CFT?

FATF has formulated a set of 40 recommendations which have become international standards on AML and CFT

Over time, these recommendations have been and will continue to be updated. The recommendations list out the essential measures that countries should have in place to:

identify the risks, and develop policies and domestic coordination;
pursue money laundering, terrorist financing and the financing of proliferation;
apply preventive measures for the financial sector and other designated sectors;
establish powers and responsibilities for the competent authorities (e.g., investigative, law enforcement and supervisory authorities) and other institutional measures;
enhance the transparency and availability of beneficial ownership information of legal persons and arrangements; and facilitate international cooperation.

FATF evaluates a country’s performance based on its assessment methodology that covers:

technical compliance, which is about legal and institutional framework and the powers and procedures of the competent authorities, and
effectiveness assessment, which is about the extent to which the legal and institutional framework is producing the expected results.
A lot of these recommendations and methodology are nothing but the dry financial jargon that is characteristic of multilateral bodies and compliance professionals, such as a “risk based approach”, “structural deficiencies”, “materiality”, “customer due diligence”, “suspicious transaction report” etc.

Is Pakistan really one of the worst performers on money laundering and financing of terrorism?
Money launderers and terrorists do not report their crimes. It is very difficult, if not impossible, to measure these crimes directly.

FATF and others try to take an indirect route to measure the vulnerability of a country to these crimes by evaluating laws and their implementation.

Pakistan’s assessment by different entities is not going to be the same.

Take for instance the ranking of Pakistan by the Basel Anti-Money Laundering Index. This index seeks to measure the risk of money laundering and terrorist financing.

It uses 14 indicators dealing with regulations, corruption, financial standards, political disclosure and the rule of law, which are aggregated into one overall risk score.

Op-ed: Between FATF and GSP Plus

This index currently ranks Pakistan 46 out of 146 countries in 2017, better than Tajikistan (4), Mali (7), Kenya (11), Sierra Leone (26), and Panama (30) — all of which are currently not on FATF’s monitoring list.

This index is developed by the Basel Institute on Governance that describes itself as “an independent not-for-profit competence centre” that is associated with Basel University.

Chances are that it is far less political in nature than FATF. However, this index is also partially based on FATF. Now that FATF has placed Pakistan on the grey list, it would affect Pakistan’s ranking on this index as well.

Regarding terrorism, many in Pakistan disagree with FATF and see the country as a victim of terrorism that has already suffered and sacrificed much.

The Global Terrorism Index 2017 by Institute for Economics & Peace, which describes itself as “an independent, non-partisan, non-profit think tank”, ranks Pakistan as the fifth-most affected country from terrorism, behind Iraq, Afghanistan, Nigeria and Syria.

What are the implications for Pakistan?

FATF uses peer pressure through the age-old technique of name-and-shame. There are many factors at play and it remains unclear how negative Pakistan’s placement on the grey list will eventually turn out to be.

There is, however, no debate that it is indeed a negative. Here are some of the ways in which grey listing could affect Pakistan.

Pakistan’s banking channel could be adversely affected as it is inevitably linked with the international financial system.

The impact on Pakistan’s economy could be relatively wide, touching imports, exports, remittances and access to international lending.

Foreign financial institutions may carry out enhanced checking of transactions with Pakistan to avoid risk of violations pertaining to money laundering and financing of terrorism.

They may ask more questions and apply more checks. Some such institutions may also avoid dealing with Pakistan’s financial system altogether.

Cover story: Black into white — inside money laundering

Another affectee is the sentiment of foreign investors. That Pakistan has been placed on the grey list has been covered in international news media and the fact will not go unnoticed by potential investors. Stock prices at Pakistan Stock Exchange appear to have already felt this impact.

Perhaps the biggest threat from being placed on the grey list is Pakistan could be pushed further down to the black list.

This black list comprises Iran and North Korea, the two countries West loves to hate. But placing Pakistan on the black list is probably a step too far to be on the cards at this stage.

These potential implications of grey listing need to be balanced against past experience.

Pakistan was on FATF grey list from 2012 to 2015, when it completed an IMF programme and also raised funds from international bond markets.

The country has also survived far graver financial challenges, such as those posed by nuclear explosions in 1998.

Are FATF’s concerns regarding Pakistan about money laundering or financing of terrorism?
It seems FATF’s concerns are mainly regarding financing of terrorism.

The FATF’s public statement issued on 29 June, 2018 begins by saying, “In June 2018, Pakistan made a high-level political commitment” to “strengthen its AML/CFT regime and to address its strategic counter-terrorist financing-related deficiencies [emphasis added].”

This is also made clear when we look at the actions Pakistan is being asked to take to exit the list:

terrorism financing risks are properly identified, assessed, and supervised;
remedial actions and sanctions are applied in cases of money laundering and financing of terrorism violations;
competent authorities are coordinating to identify and take enforcement action against illegal money or value transfer services;
authorities are identifying cash couriers and enforcing controls on illicit movement of currency and understanding the risk of cash couriers being used for financing of terrorism;
improving inter-agency coordination including between provincial and federal authorities on combating financing of terrorism risks;
law enforcement agencies are identifying and investigating financing of terrorism and prosecuting related designated persons and entities;
financing of terrorism prosecutions result in applicable sanctions and enhancing the capacity and support for prosecutors and the judiciary;
effective implementation of targeted financial sanction against all designated terrorists;
enforcement against financing of terrorism violations including administrative and criminal penalties and authorities cooperating on enforcement cases; and
facilities and services owned or controlled by designated persons are deprived of their resources.
Is this a financial or a political issue?
If the commentary by international news media is any indicator, Pakistan’s placement on FATF’s grey list is far more political than financial in nature.

It is being seen as one of the several ways the US is attempting to pressure Pakistan to “do more” on issues related to terrorism.

The long-winded, jargon-filled recommendations and methodology used by FATF leave plenty of flexibility for the team of assessors to exercise their “informed judgement”.

That is, based on the same information, assessors could reach more than one judgement, including the one sought by the politically powerful.

By placing Pakistan on FATF’s grey list, US has indeed demonstrated its intent to turn up the pressure on Pakistan.
US is also a major financier of FATF and the current president of FATF is an Assistant Secretary from the US Department of the Treasury who heads the Office of Terrorist Financing and Financial Crimes.

If US can have Pakistan placed on the grey list, it may also make it difficult for Pakistan to exit the list.

Bottom line is that FATF’s grey listing of Pakistan should not be looked at in isolation but placed in the larger picture of US-Pakistan relations that have had many ups and downs.

Header illustration by Mushba Said.
Unquote

 

notorious_eagle

PDF THINK TANK: CONSULTANT
Dec 25, 2008
4,594
32
10,325
Country
Pakistan
Location
Pakistan
Just means India outplayed Pakistan this time. Not surprising. Pakistan should make sure to not be deafeated next time in its efforts.
This is just empty flexing by the Indians. We should be used to it; the lack the military, diplomatic and economic muscle to punish Pakistan. It was the US that requested that Pakistan remain on the Grey List to ensure Pakistan's compliance with Afghan withdrawal. Read up the article that @niaz posted.

India can't do jack sh**, just empty flexing on their end. Just like they were offering 'Phullll sapportttt' to Israel.
 

doorstar

SENIOR MEMBER
Apr 19, 2018
2,610
-1
4,916
Country
United Kingdom
Location
United Kingdom
This is just empty flexing by the Indians. We should be used to it; the lack the military, diplomatic and economic muscle to punish Pakistan. It was the US that requested that Pakistan remain on the Grey List to ensure Pakistan's compliance with Afghan withdrawal. Read up the article that @niaz posted.

India can't do jack sh**, just empty flexing on their end. Just like they were offering 'Phullll sapportttt' to Israel.
I said this in a --now deleted-- post of mine in this thread.

but mine had a bit which could be misconstrued as an insult to two countries namely the US and superpower2012

NOTE to the ultra-sensitive mod:
the text below is NOT meant as "insulted a nation, a country, a people" or any such nonsense, it is just an observation:

"America is letting India take the credit thinking that its flattering of India will boost indian self-image which then can be leveraged into convincing bharat to fight China either in Pakistan or Tibet (or even in Afghanistan).

but for some reason America does not know these deceptive sons of Chanakya. they will promise you the moon to look big but when the time comes to deliver it will be a flickerin diya not the moon."
 
Last edited:

Tomcats

FULL MEMBER
Jan 24, 2020
773
0
903
Country
Pakistan
Location
Indonesia
US acknowledges Pakistan's 'continued efforts' to satisfy FATF obligations
Price says Pakistan made significant progress on its first action plan with 26 of 27 action items largely addressed.


WASHINGTON:
The United States has acknowledged Pakistan's "continued efforts" to meet the Financial Action Task Force's (FATF) requirements and said it recognises and supports the "significant progress" on the first action plan with 26 of 27 action items "largely addressed".

The statement came from US State Department spokesperson Ned Price during the July 19 press briefing. The spokesperson was answering a question regarding Foreign Minister Shah Mahmood Qureshi’s statement that India is politicizing the FATF in efforts to ensure that Pakistan remained on the watchdog's increased monitoring list.

"Well, you’re referring to Pakistan’s obligations under the Financial Action Task Force, and we do recognise, and we support Pakistan’s continued efforts to satisfy those obligations. Pakistan has made significant progress on its first action plan with 26 of 27 action items largely addressed," said Price.

According to Price, the US would "encourage Pakistan to continue working with the FATF and the international community to swiftly complete the remaining action items by demonstrating that terrorism financing, investigations, and prosecutions target senior leaders and commanders of UN-designated groups".

“We do further encourage Pakistan to expeditiously implement its new second action plan," he added.

The spokesperson’s remarks came a day after Indian External Affairs Minister S Jaishankar admitted that the Narendra Modi government had “ensured” Pakistan remained on the FATF grey list.

“Due to us, Pakistan is under the lens of FATF and it was kept in the grey list,” Indian news agency ANI quoted Indian External Affairs Minister S Jaishankar as saying while addressing a virtual training programme on the foreign policy for Bharatiya Janata Party (BJP) leaders.

“We have been successful in pressuring Pakistan and the fact that its behaviour has changed is because of pressure put by India by various measures,” he added.

The Pakistani Foreign Office on Monday said that the government was considering approaching the president of the FATF for appropriate action against the government of India after Jaishankar confessed to politicising the global forum.

“Following the recent confession by the Indian government, India’s credentials for assessing Pakistan in FATF as co-chair of the Joint Group or for that matter any other country are subject to questions, which we urge FATF to look into,” the Foreign Office Spokesperson Zahid Hafiz Chaudhri said.

Earlier this month, Qureshi had urged the FATF to take action against India for sponsoring terrorism in Pakistan.

In a statement, Qureshi said evidence of Indian state-sponsored terrorism unveiled by Islamabad last year once again stood vindicated after an investigation concluded Lahore’s Johar Town blast was orchestrated by the intelligence agency, Research and Analysis Wing (RAW).

He further said that India was making attempts to misuse the forum of the FATF for political purposes and doing propaganda against Pakistan.

Also read: FATF web

Pakistan had been placed on the FATF grey list with effect from June 2018 and was asked to implement a 27-point action plan to exit the list.

 

Meliodas

FULL MEMBER
Mar 17, 2019
933
1
713
Country
Pakistan
Location
Pakistan
Indian External Affairs Minister S Jaishankar on Sunday admitted that Pakistan is on the grey list of the Financial Action Task Force (FATF) because of the "efforts of Narendra Modi's government," Geo News reported.

According to a report published by The Print, India's External Affairs Minister S Jaishankar credited the Modi-led government for its "efforts" to ensure that FATF kept Pakistan on the grey list.

The minister issued the statement while addressing BJP leaders’ training programme on the foreign policy of the government via video link, the outlet said.

“FATF as all of you know keep a check on fundings for terrorism and deals with black money supporting terrorism. Due to us, Pakistan is under the lens of FATF and it was kept [on] the grey list. We have been successful in pressurising Pakistan and the fact that Pakistan’s behaviour has changed is because of pressure put by India by various measures. Also terrorists from LeT and Jaish, India’s efforts through UN, have come under sanctions,” Jaishankar reportedly told the leaders, according to The Print.

It should be recalled that on June 25, the FATF had said that it recognises Pakistan's progress and efforts to address items in its country action plan that pertain to combating the financing of terrorism and has encouraged it to continue progress and address as soon as possible "the one remaining CFT-related item".

It had also handed the government six new anti-money laundering areas to work on.

Addressing a press conference after the June 21-25 plenary meeting concluded in Paris, FATF President Dr Marcus Pleyer had said that Pakistan remains under "increased monitoring".

"The Pakistani government has made substantial progress in making its counter-terrorist financing systems stronger and more effective. It has largely addressed 26 out of 27 items on the action plan it first committed to in June 2018," he said.

Dr Pleyer had said that the plan focused on terrorist financing issues.

He had said that the one key action item still needs to be completed "which concerns the investigation and prosecution of senior leaders and commanders of UN-designated terror groups".

The FATF president highlighted that Pakistan has "made improvements" after the Asia Pacific Group highlighted issues in 2019 during its assessment of Pakistan's entire anti-money laundering and counter-terrorist financing system.

"These include clear efforts to raise awareness in the private sector to Pakistan's money laundering risks and to develop and use financial intelligence to build a case.

"However Pakistan is still failing to effectively implement the global FATF standards across a number of areas. This means the risks of money laundering remain high which in turn can fuel corruption and organised crime."

Dr Player had said that this is why the FATF has worked with the Pakistan government on new areas that still need to be improved as part of a new action plan that largely focuses on money laundering risks.

This includes increasing the number of investigations and prosecutions and making sure law enforcement agencies cooperate internationally to trace, freeze and confiscate assets, he had said.

"This is about helping authorities stop corruption and prevent organised criminals from profiting from their crimes and undermining the financial system and legitimate economy in Pakistan," Dr Pleyer had added.


CHINA WILL MAKE SURE INDIA STAYS ON THEIR SALAMI SLICING LIST.
It's not bad on Indias list but puts a clarity on how incompetent and fragile our foreign effort is. I don't get it as to why Pakistanis are so much against reforms pushed fatf, khud to koi progress krni nai hai lehaza chittar kha k hi krni pare gi.
 

nahtanbob

BANNED
Sep 24, 2018
8,288
-37
2,738
Country
United States
Location
United States
it is not irrelevant. grey list is still big hindrance in the international trade and partnership with the world.
being complicit and lazy with this situation is great disservice to the state of Pakistan.

FATF is being used as a political pressure tool against Pakistan there is no doubt about it. its leader has unwittingly disclosed the plan that even if Pakistan complies with all its requirements then still it wont be out of grey list and it will have to comply with some more parallel requirements.

guess what will happen if Pakistan also double complies with the additional regime? some special more requirements will be brought up. therefore, being happy and accept the grey list is not the answer.

fundamentally compliance with FATF in its true form is only beneficial to Pakistan once it makes its financial translations and good movements transparent with full audit trail because it will help Pakistan friendly countries in building a pro Pakistan case.

once it has complied with the FATF requirements that are not aimed at hurting it ,Pakistan must go on the offensive diplomatically and politically against India and return the favor in same way. Although rules will be different for India and West wont risk antagonizing a big trade and economic partner but anti Pakistan campaign will lose its steam.
FATF has 30+ members. USA has 1 vote. India has 1 vote
So its proved that Pakistan lacks competence in international lawfare. It also shows India can damage Pakistan in ways we dont even appreciate.

Pakistan need to work on this. Pakistan media and its politicians are damaging Pakistan for their self interest. They cant distinguish between state and politics. Media is full of shit journalists who cant even analyze a simple issue and start commenting on it without considering damage they do to country.

Politicians do the same. They make heavy sounding statements at sensitive issue like 'kidnapping' of Afghan ambassador daughter to score political point against the political government without considering the damage it can do to the country.

And it seems like our army is not even equipped with weapons to fight this war. The weapons of media and politics are in the hands of our enemies. I m talking about our own media and politicians who are used by our enemies to create such propaganda against us.
how has FATF gray list hurt Pakistan ? you make it sound like Pakistan will be a land of bread & honey once FATF gray list is removed
 

doorstar

SENIOR MEMBER
Apr 19, 2018
2,610
-1
4,916
Country
United Kingdom
Location
United Kingdom
FATF has 30+ members. USA has 1 vote. India has 1 vote
what is wrong with you, if I may ask (at the risk of being charged with insultin a member/trolling/provocation/flaming/post of no value et cetera)?

America is the FATF, it tells other members to vote the way it wants otherwise they too have to suffer the wrath https://defence.pk/pdf/goto/post?id=13136978 it coerces by bribery if that fails it punishes.
 
Last edited:

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom