Update of FATF Meeting: Outcomes FATF Plenary, 21-23 February 2018

[Spy Master]

I know its hard to digest. Its ok. Your FM completely misled you. Time for introspection starts now for you.

Lol..do you have any link other than this news18? CNN-News18 (originally CNN-IBN) is an Indian English-language news television channel located in Noida, Uttar Pradesh!

Wait for a few hours and we will all get to know whats happening really. Don't act like a kid!

 

[SunilM]

Lol..do you have any link other than this news18? CNN-News18 (originally CNN-IBN) is an Indian English-language news television channel located in Noida, Uttar Pradesh!

Wait for a few hours and we will all get to know whats happening really. Don't act like a kid!

INTERNATIONAL
FATF to put Pakistan on greylist for terror financing
Suhasini Haidar
NEW DELHI, FEBRUARY 23, 2018 12:52 IST
UPDATED: FEBRUARY 23, 2018 12:52 IST

• 
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• Reuters
  
  
  The Financial Action Task Force (FATF) on Friday decided to put Pakistan on the greylist, submitting it to intense scrutiny on terror financing.
  
  China withdrew its objection to the nomination, allowing consensus to go through, sources said.
  
  Earlier this week, Pakistan had claimed victory in the ongoing FATF meeting as a preliminary discussion in the International Co-operation Review Group (ICRG) failed to build a consensus on putting it again on the watch list.
  
  However, U.S. and Indian officials had called the claim “premature” and said a final decision was still to come.
  
  On Wednesday morning, Pakistan Foreign Minister Khawaja M. Asif, who was in Moscow at the time, tweeted that Pakistan had won a reprieve of three months in which to convince the international body not to put it on a “greylist” of countries where terror financing and black money laundering needed scrutiny.
  
  Pakistan was on the FATF watch list from 2012 to 2015, then only on issues of money laundering.
  
  “Our efforts paid[off],” Mr. Asif wrote, adding that the committee had proposed a three-month pause with another report to be considered in June.
  
  According to reports in Pakistani newspapers, countries including China, Turkey and Saudi Arabia had not backed the resolution in ICRG, which was originally supported by the US, Germany, UK and France.
  
  The case against Pakistan outlined the government’s inaction against outfits like U.N.-banned terror groups Jaish-e-Mohammed, Lashkar-e-Taiba, Jamaat-ud-Dawa and its affiliate Falah-i-Insaaniyat Foundation.

http://www.thehindu.com/news/intern...list-for-terror-financing/article22833899.ece

Time to come out of your denial.

 

[Paranoid Android]

The motion, brought forth by the United States, was supported by countries like UK, France, and India. The FATF voted 36 to 1 to grey list Pakistan.
Zakka Jacob | CNN-News18

Updated:February 23, 2018, 12:22 PM IST

Image for representation. (Reuters)

New Delhi: The Financial Action Task Force (FATF) in its latest meeting in Paris has decided to put Pakistan on a “grey list” for not taking adequate action against proscribed terrorist entities and individuals.

The motion, brought forth by the United States, was supported by countries like UK, France, and India. The FATF voted 36 to 1 to grey list Pakistan.



The only country that voted in favour of Pakistan was Turkey. Not even traditional friends and allies like China and Turkey voted in favour of Pakistan.


This will make it difficult for international financial institutions and banks to do business in Pakistan. Conversely, it will also make it difficult for Pakistani businesses to raise money overseas.


Pakistan will also find it hard to service its debt obligations. Pakistan has about 300 billion dollars of sovereign debt which it needs to service by the end of June, failing which it could be in for a sovereign ratings downgrade by international rating agencies like S& P Moody’s and Fitch.

Domestically, opposition parties the Pakistan Tehreek-e-Insaf (PTI) and Pakistan Peoples Party (PPP) are expected to use this development to attack the ruling PML(N)and its failure to convince the international body. It could also have a negative effect on the PML (N) in the upcoming general elections.

There was a report on Friday that China, Saudi Arabia and Turkey, three close allies of Pakistan, have joined hands to block a move by the Trump administration to place Islamabad on an international terror-financing watch list.

While Pakistan has claimed a victory of sorts, the US was working behind the scenes during the ongoing Paris meeting of the Financial Action Task Force (FATF) to take action against the country which it believes has not acted against terrorist financing and the implementation of the UN Security Council resolutions.

http://www.news18.com/news/world/pa...inancing-watchlist-by-task-force-1669931.html

https://twitter.com/x/status/966949252231585792

 

[BABA AGHORI]

Pre-mature celebrations comes to an end.

Why China backstabbed ?
http://www.thehindu.com/news/intern...list-for-terror-financing/article22833899.ece

 

[Paranoid Android]

More than Pakistanis, I am betting our own Congee looters are in more pain from this news.

https://twitter.com/x/status/966541723735240704

Just look at the glee from the Dynasty DickPolisher yesterday.
Wonder what he must be thinking now..


may be more like this...

https://twitter.com/x/status/966943485885480960

Congressis look fool as always end of the day

Their media falsely circulated that Russia voted in favour of Pakistan,specially cheap pieces like Times of Islamabad.
Russia,all weather friend.Weather changed now

https://twitter.com/x/status/966951038837317633

 

[Arsalan 345]

Both fatf and Pakistan foreign office denied rumours.

https://www.geo.tv/latest/183301-no...akistan-in-grey-list-yet-fatf-and-pakistan-fo

 

[Politico]

The only country that voted in favour of Pakistan was Turkey. Not even traditional friends and allies like China and Turkey voted in favour of Pakistan.

So Turkey voted against and in favour of Pakistan?? Cheap journalism makes you wonder about the authenticity of the news.

 

[Menace2Society]

So Turkey voted against and in favour of Pakistan?? Cheap journalism makes you wonder about the authenticity of the news.

Indian journalism at its finest. Just remember behind their fake news its a bunch of abhijeet bud bud ding dings.

 

[SunilM]

Just guess work here....But in all probability, Pakistan Will be put on FATF grey listing with financial action suspended for 3 months. So some reprieve there.

Kamran khan seems to agree

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">A top official has confirmed that Pakistan has lost it battle at the FTAF. From June Pakistan will be placed in the list of countries suspected for terror financing.Further blow to us is the alarming fact that even China sided with the world and abandoned us</p>&mdash; Kamran Khan (@AajKamranKhan) <a href="

https://twitter.com/x/status/966967838899568640

">February 23, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Paranoid Android]

Good lets see
Hope it's true out of all fake news then

 

[hussain0216]

Both fatf and Pakistan foreign office denied rumours.

https://www.geo.tv/latest/183301-no...akistan-in-grey-list-yet-fatf-and-pakistan-fo

They are indian, they love tamasha more than anything

 

[ARMalik]

@The Eagle @waz .. dear Mods, these indians have deliberately opened multiple threads and spreading false news and rumors on this forum. This thread opener and others like him need to be banned from the forum. Please take action.

 

[Paranoid Android]

https://twitter.com/x/status/966940362853019649

DUNYA

https://twitter.com/x/status/966968000183259136

https://twitter.com/x/status/966968408549023744

 

[Imran Khan]

congratulations to all hafiz saeed fans

 

[Khanate]

https://twitter.com/x/status/966937254164824064