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FATF backs India’s steps to curb money laundering
The multilateral financial watchdog unveiled its conclusions at its plenary meeting in Singapore following a year-long process, during which an FATF team visited New Delhi for on-site evaluation of India’s measures and met senior officials.
Updated on Jun 29, 2024 07:10 AM IST
Afternoon briefing: Minister to probe Delhi airport roof collapse incident
A shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out.
Published on Jun 28, 2024 01:13 PM IST
FATF clears India during mutual evaluation; no red flags: Officials
The decision comes after a year-long process, during which FATF team visited Delhi for an on-site evaluation of the country’s measures and met senior officials.
Updated on Jun 28, 2024 03:38 PM IST
KYC is a public good that is crying for an overhaul
To have a fundamental flaw in the form of a botched KYC will hurt the most vulnerable people such as the elderly, the poor, or migrants the worst.
Published on May 15, 2024 10:59 PM IST
Monika Halan
India informs FATF of steps taken on money laundering, terror funds
FATF is set to present its report on its “mutual evaluation” or periodic review of India’s efforts to fight money laundering and terror financing next month
Updated on May 13, 2024 09:09 AM IST
FATF's reminder to Pakistan: ‘Monitoring actions to counter terror financing’
Recent videos that emerged online showed Hizbul Mujahideen chief Syed Salahuddin along with armed bodyguards as he led funeral prayers for Bashir Ahmad Peer, a Hizbul Mujahideen commander shot dead by unidentified assailants in Rawalpindi.
Published on Feb 25, 2023 05:41 AM IST
Rezaul H Laskar, New Delhi
Attacks may rise after Pak removal from FATF’s grey list: IB
The officials were briefing the members of the CTC during an informal session held at the Taj Mahal Palace Hotel, one of the main targets of the attacks carried out in November 2008 by a 10-member LeT team.
Updated on Oct 29, 2022 08:16 AM IST
Neeraj Chauhan, New Delhi
Myanmar put on FATF’s ‘black list’ over money laundering risks
FATF list: Myanmar joins North Korea and Iran, which have been on the high-risk list since 2020.
Published on Oct 22, 2022 02:07 PM IST
Bloomberg |
Pakistan off terror financing ‘grey list’ after four years
The Financial Action Task Force (FATF) placed Pakistan on its list of countries under increased monitoring, or the so-called grey list, in June 2018 for its failure to tackle terror financing, especially the activities of UN-designated terror groups such as Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM).
Updated on Oct 22, 2022 06:59 AM IST
Rezaul H Laskar, Hindustan Times, New Delhi
Ukraine war: FATF imposes additional restrictions on Russia
"FATF repeatedly condemned Russia's invasion of Ukraine. Following plenary discussions this week, FATF decided to impose additional restrictions, incl bar Russia from current and future projects and participating in meetings of FATF's regional partner bodies as a FATF member," FATF President T Raja Kumar said
Updated on Oct 21, 2022 11:40 PM IST
ANI |
On Pak's removal from FATF list, MEA says in global interest it must do this
MEA spokesperson Arindam Bagchi said it is in global interest that the world remains clear that Pakistan must continue to take credible, verifiable, irreversible & sustained action against terrorism and terrorist financing emanating from territories under its control.
Updated on Oct 21, 2022 10:45 PM IST
In first tweet after Pak exits grey list, PM Sharif thanks Bhutto, Gen Bajwa
Pakistan has strengthened the effectiveness of its anti-money laundering and counter-terrorist financing regime and addressed technical deficiencies to meet the commitments of its action plans regarding strategic deficiencies that FATF had identified in June 2018 and June 2021, FATF said.
Updated on Oct 21, 2022 09:19 PM IST
Global terror financing watchdog may remove Pakistan from 'grey list' today
The FATF had found Pakistan's deficiencies in its legal, financial, regulatory, investigation, prosecution, judicial and non-government sectors to fight money laundering and combat terror financing.
Published on Oct 21, 2022 12:38 PM IST
PTI | | Posted by Nisha Anand
Eye on FATF relief, Pakistan disowns Masood Azhar and JeM leadership
It is understood that JeM de-facto leader Rauf Azhar, the younger brother of Masood Azhar, has taken been under the protection of the Pakistan-deep state.
Updated on Sep 14, 2022 07:39 PM IST
Shishir Gupta, New Delhi
Germany hasn't done enough to stop money laundering: Terror financing watchdog
Germany has been attempting to beef up its financial crime controls, notably after the collapse of electronic payments company Wirecard AG in 2020 shook confidence in the country as a place to do business.
Published on Aug 25, 2022 03:42 PM IST
Bloomberg |
Who is T Raja Kumar, the new chief of global terror financing watchdog FATF?
Raja Kumar succeeds Dr Marcus Pleyer as the chief of the Financial Action Task Force (FATF) and will serve a two-year-term. Taking to Twitter, the FATF said that Kumar will focus on enhancing the effectiveness of global anti-money laundering and counter-terrorist financing measures, improving asset recovery and other initiatives.
Published on Jul 01, 2022 09:38 PM IST
26/11 plotter Sajid Mir was on FATF radar for action
The list of 30 terrorist leaders includes nine designated by the United Nations Security Council, such as Saeed, LeT’s head of operations Zakiur Rehman Lakhvi, and Jaish-e-Mohammad (JeM) chief Masood Azhar, and others designated under domestic laws of India and the US, such as Mir and Azhar’s brother Abdul Rauf Azhar, people familiar with the matter said.
Updated on Jun 29, 2022 08:04 AM IST
Neeraj Chauhan and Rezaul H Laskar
Pakistan 'one step away' from exiting FATF grey list, says minister
The Financial Action Task Force (FATF) kept Pakistan on the list on Friday but said a visit to verify progress on countering financing of terrorism and money laundering could lead to its removal from countries under increased monitoring.
Published on Jun 18, 2022 03:52 PM IST
Reuters | , Islamabad
Pakistan won't be removed from FATF grey list immediately, decision after visit
A statement said that while Pakistan has substantially substantially completed its two action plans, it warrants an on-site visit to verify whether the implementation of the reforms has begun and is being sustained.
Updated on Jun 17, 2022 09:31 PM IST
HT News Desk, New Delhi
Designate Pakistan as a state sponsor of terror, demands US Congressman
US Congressman Scott Perry, who is a member of House Foreign Affairs Committee, quoted a statement by US Secretary of State Antony Blinken who had accused Pakistan of harbouring members of Taliban, including the terrorists of Haqqani network
Published on Mar 10, 2022 09:48 AM IST
Centre defends PMLA provisions in top court
The government said India is legally and morally bound to adopt global best practices and respond to the changing needs of the times.
Updated on Feb 24, 2022 03:17 AM IST
Abraham Thomas, New Delhi
FATF expresses concerns on terrorist financing risk environment in Afghanistan
“The FATF affirms recent UN Security Council Resolutions on the situation in Afghanistan. In particular, UNSCR 2593 (2021) demands that Afghan territory not be used to threaten or attack any country or to shelter or train terrorists, or to plan or to finance terrorist acts,” the FATF said.
Published on Oct 21, 2021 11:03 PM IST
hindustantimes.com, Hindustan Times, New Delhi
Pakistan remains on grey list of FATF
Pakistan continues to remain on ‘increased monitoring list’. The increased monitoring list is also known as ‘grey list’
Published on Oct 21, 2021 10:12 PM IST
Written by Shankhyaneel Sarkar | Edited by Poulomi Ghosh, Hindustan Times, New Delhi
Pakistan fails to get out of FATF’s grey list
The decision was announced at the end of the multilateral watchdog’s five-day virtual plenary meeting under the German presidency of Marcus Pleyer.
Updated on Jun 26, 2021 12:45 AM IST
Rezaul H Laskar, Hindustan Times, New Delhi
Reports emerge of surge in Taliban fund-raising in Pakistan
Recent reports have said there has been a spurt in fund-raising and recruitment by the Afghan Taliban on Pakistani soil.
Updated on Jun 21, 2021 07:42 PM IST
Pakistan needs legislation to meet three outstanding FATF benchmarks: Report
Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF.
Published on Mar 02, 2021 03:52 PM IST
PTI | , Islamabad
FATF to take a call on Pakistan's efforts to counter terror financing tomorrow
FATF’s latest plenary is also being held at a time when the US has been irked by the Pakistan Supreme Court’s acquittal of terrorist Omar Saeed Sheikh, the principal accused in the 2002 murder of American journalist Daniel Pearl.
Published on Feb 24, 2021 10:06 PM IST
US retains terrorist designation of Pakistan-based Lashkar-e-Taiba
Days ahead of the transition of power, the US Department of State said that it has amended the terrorist designations of LJ and ISIL Sinai Peninsula (ISIL-SP) to include additional aliases.
Updated on Jan 17, 2021 08:06 AM IST
PTI | , Washington