The Financial Action Task Force (FATF) is a global terror finance watchdog that works to “set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.” Turkey has found itself on the FATF’s “grey list” […]
Sajid Mir: The Ghost In Hiding
With the Financial Action Task Force (FATF) decision on Pakistan expected to be out shortly, there is frenetic activity to try and tick all the boxes (only in letter, not in spirit) so that Pakistan isn’t pushed into the “Blacklist” and cut off from the international financial markets and trade. At one level, the Pakistani […]
Pakistan placed back on terror-financing watch list, vows to improve
We have heard that song and dance before, such that even the New York Times has noticed. “War is deceit,” said Muhammad (Bukhari 4.52.268). “Put back on terror-financing watch list, Pakistan vows to improve,” Reuters, July 2, 2018: ISLAMABAD (Reuters) – Placed back on a terror financing watch list this week, Pakistan vowed on Saturday […]
Trump administration official: Islamic Republic of Pakistan’s moves against terrorism “reversible, superficial”
“So far, these steps have been reversible, superficial, and steps that we have actually seen them take in the past, in periods of high pressure.” Yes. Whenever the U.S. complains that the Islamic Republic of Pakistan is not moving against jihad terrorists, despite getting billions of U.S. taxpayer money to do so, the Pakistani government […]