FATF once again retains Pakistan on grey list

[Shotgunner51]

Also this

UAE to buy a dozen Chinese L-15 trainer aircraft

UAE Air Force Col. Abdulnaser Al Humeidi revealed the country’s intent to buy the fixed-winged Chinese aircraft, with the possibility of increasing the quantity to 36.

www.defensenews.com

And this

China's tech giant Huawei secures 5G contract wins with UAE's du

Huawei's latest 5G contract wins consolidate its position in GCC markets

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[Zibago]

And this

China's tech giant Huawei secures 5G contract wins with UAE's du

Huawei's latest 5G contract wins consolidate its position in GCC markets

gulfnews.com

There is no rules based order anywhere and Ukraine crisis has exposed it
Now I dont support the Russian actions but thanks to it a lot of hypocrisy is now open for all to see

 

[nahtanbob]

I think the headline should be like:

"Arm twisting continues since Pakistan says Absolutely Not to US bases and for neutrality in blue eyed blonde war in Ukraine".



These conditions will never be met since it is to keep Pakistan in grey forever with the risk and threat to blacklist. The reason why Pakistan will continue with independent policy and remain neutral in armed conflicts. The reason to say absolutely not and carry on with Pakistan first. It will be like doomsday and Pakistan will still need to meet their demands.......say it.... Appease them white boys to earn white badge at FATF.

Pakistan is neutral in the Ukraine war. You could not dare support Russia unless you want to get mauled by EU

 

[GumNaam]

We shouldn't use power instead play politically and diplomatically

 

[Trango Towers]

Why is the UK not on the FATF grey list considering now in the main media they admit to London being the centre for illicit Russian oligarch money??

I guess these lists are only for non whites

 

[IceCold]

This shouldn't be a news anymore.

 

[mudas777]

They just want to tie a noose around Pakistan neck. If Pakistan down then all issues will be resolved.

There are no issues just a trap and a pack of lies. Pakistan should be thankful they are not charging rent for the over staying. Once Pakistan down the line gets out of the list Pakistan must leave the organisation all together and let them apply those rules to each other.

 

[Jackdaws]

The only reason is that they have failed to persecute UN declared terrorists Hafiz Saeed and others. Just comply.

 

[CrazyZ]

MENA needs a separate monetary union and global payments system. World is multipolar and western financial systems are a sanctions risk.

 

[Mujahid Memon]

Pakistan is neutral in the Ukraine war. You could not dare support Russia unless you want to get mauled by EU

Hehe. We didn't want to support Russia in the first place

 

[li0nheart]

y' know something? We have the largest producer of oil and gas on our side, we sit right on the entrance of the strait of hurmuz...it is high time we develop a large navy and cut off the western world's oil supply and dictate our terms to them...enough is enough of this bullshit.

Great idea.
You can take money on loan from the largest producer of oil and gas to build a large navy.

And bam! Block the sell of oil to Western world. You will easily stop the major source of income of the largest producer of oil and gas. And you know what, you should refuse to payback the loan (as you'll not get any financial benefits at least in short term by such investment).

Slowly but surely, the citizens of the largest producer of oil and gas will become impoverished. They'll start coming seeking work opportunities at Gwadar port SEZ and other CPEC projects.

It is a pure Win-win situation with zero out of pocket investment for Pakistan. I hope the Pakistani "Deep state" does not get information of this brilliant strategy. Nobody will be able to prevent Pakistan from becoming the universal power.

 

[MultaniGuy]

Every one knows its an open secret. Its all to keep India happy, US and west are dancing to the Indian tune and to eat vindaloo.
Bet its a matter of time when they are going to say Hafiz Saeed and Bombay culprits need to be prosecuted if you want to get out of FATF.

That is also what I realized as well. USA and the West are trying to prop India as a counterweight to China.

lol.

India is a backward country compared to China.

This is FATF is a Black Mail organization

Pakistan should join China and Russia ASAP to get out of this FATF influence

And start a new financial model for Euro-Asia

Russia - 144 Million People
China - 1 Billion People
Pakistan - 230 Million People
Iran - 100 Million People

45% of World Population in new financial system

**Add in other parties
Bangladesh
Central Asia
North Korea
Pull in India thru Russia

Easily 65% of world population


Africa goes 50-50%

Well, if Pakistan truly ditches the west and lays all its eggs in one basket by being reliant on China.

I believe it is doable. Nobody here would agree to such a proposition.

 

[Ghessan]

FATF team completes onsite visit to decide Pakistan’s fate​

15-member delegation met officials and verified steps Islamabad had taken to fulfil conditions of financial watchdog

---

Kamran YousafSeptember 03, 2022

A view of FATF plenary session in Berlin. PHOTO: TWITTER/@FATFnews

---

ISLAMABAD:
A 15-member team of the Financial Action Task Force (FATF) quietly concluded a five-day visit to Pakistan this week, a move that may pave the way for Islamabad to finally exit the grey list.
The findings of the 15-member FATF team would be discussed and reviewed in the next meeting of FATF, scheduled in Paris in October.
The positive outcome of the onsite team’s findings would allow Pakistan to finally come clean over deficiencies in the system to curb money laundering and terror financing.
Official sources confirmed that the FATF team, which was given a state guest level protocol, stayed in the country from August 29 to September 2.
Also read: FATF team due next month for ‘on-site’ visit
The Economic Coordination Committee (ECC) approved a special grant of Rs7 million for FATF Secretariat to provide the 15-member FATF team accommodation, food and travel.
The visit was kept under wraps but sources said the FATF delegation held meetings with the relevant authorities and verified the steps Pakistan had taken to fulfil the condition of international financial watchdog on money laundering and terror financing.
The FATF in June had hinted at Pakistan’s removal from the grey list after it concluded that Pakistan complied with the 34-point plan of action and agreed to send its team for the verification of those steps.
Pakistan was placed on the grey list by FATF in June 2018 for deficiencies in its system to curb money laundering and terror financing.
It was first given a 27-point action plan and later another 7-point plan to comply with the FATF’s standards.
The major stumbling block was the persecution of certain UNSC designated individuals accused of terror financing. Just days before the June plenary FATF meeting in Berlin, Pakistani anti-terrorism court convicted Sajid Mir in terror financing case, something that convinced the FATF members to acknowledge Pakistan’s progress.
Pakistani officials were confident that the FATF team would give positive assessment of the country’s progress. Officials, however, cautioned that the neighbouring country might still use its influence to drag Pakistan’s case.
Also read: Govt scrambles to get off FATF grey list
The United States is believed to have played a key role in ensuring the onsite visit for Pakistan as it expressed satisfaction with the country’s measures to curb terror financing particularly prosecuting the certain individuals.
The exit from the FATF grey list will restore Pakistan’s image and give confidence to the foreign investors for doing ventures in the country. The grey-listing makes it hard for countries to do financial transactions and raises the cost of doing business.
Pakistan’s likely removal from the grey list will help give impetus to its struggling economy.

FATF team completes onsite visit to decide Pakistan’s fate | The Express Tribune

15-member FATAF delegation met officials and verified steps Islamabad had taken to fulfil conditions of the financial watchdog this week

tribune.com.pk

 

[Enigma SIG]

FATF team completes onsite visit to decide Pakistan’s fate​

15-member delegation met officials and verified steps Islamabad had taken to fulfil conditions of financial watchdog

---

Kamran YousafSeptember 03, 2022

A view of FATF plenary session in Berlin. PHOTO: TWITTER/@FATFnews

---

ISLAMABAD:
A 15-member team of the Financial Action Task Force (FATF) quietly concluded a five-day visit to Pakistan this week, a move that may pave the way for Islamabad to finally exit the grey list.
The findings of the 15-member FATF team would be discussed and reviewed in the next meeting of FATF, scheduled in Paris in October.
The positive outcome of the onsite team’s findings would allow Pakistan to finally come clean over deficiencies in the system to curb money laundering and terror financing.
Official sources confirmed that the FATF team, which was given a state guest level protocol, stayed in the country from August 29 to September 2.
Also read: FATF team due next month for ‘on-site’ visit
The Economic Coordination Committee (ECC) approved a special grant of Rs7 million for FATF Secretariat to provide the 15-member FATF team accommodation, food and travel.
The visit was kept under wraps but sources said the FATF delegation held meetings with the relevant authorities and verified the steps Pakistan had taken to fulfil the condition of international financial watchdog on money laundering and terror financing.
The FATF in June had hinted at Pakistan’s removal from the grey list after it concluded that Pakistan complied with the 34-point plan of action and agreed to send its team for the verification of those steps.
Pakistan was placed on the grey list by FATF in June 2018 for deficiencies in its system to curb money laundering and terror financing.
It was first given a 27-point action plan and later another 7-point plan to comply with the FATF’s standards.
The major stumbling block was the persecution of certain UNSC designated individuals accused of terror financing. Just days before the June plenary FATF meeting in Berlin, Pakistani anti-terrorism court convicted Sajid Mir in terror financing case, something that convinced the FATF members to acknowledge Pakistan’s progress.
Pakistani officials were confident that the FATF team would give positive assessment of the country’s progress. Officials, however, cautioned that the neighbouring country might still use its influence to drag Pakistan’s case.
Also read: Govt scrambles to get off FATF grey list
The United States is believed to have played a key role in ensuring the onsite visit for Pakistan as it expressed satisfaction with the country’s measures to curb terror financing particularly prosecuting the certain individuals.
The exit from the FATF grey list will restore Pakistan’s image and give confidence to the foreign investors for doing ventures in the country. The grey-listing makes it hard for countries to do financial transactions and raises the cost of doing business.
Pakistan’s likely removal from the grey list will help give impetus to its struggling economy.

FATF team completes onsite visit to decide Pakistan’s fate | The Express Tribune

15-member FATAF delegation met officials and verified steps Islamabad had taken to fulfil conditions of the financial watchdog this week

tribune.com.pk

Shehbaz shouting choke me daddy from his PM Office.

 

[Catalystic]

Fatf should check london/uk for the most of the worlds money.
Thats where the laundered money ends up at, plus uae.