No consensus on US motion to put Pakistan on FATF watchlist: Kh Asif

21 Feb, 2018 9:22 am

ISLAMABAD (92 News) – Foreign Minister Khawaja Asif has said that member states of Financial Action Task Force (FATF) have not reached consensus on US motion to put Pakistan on terrorist financing watchlist.

In a tweet message, he said that Pakistan’s efforts have paid as the FATF meeting held in Paris deferred voting for three months and asked Asia Pacific Group for another report to be considered in June.

Asif, who is currently on a visit to Russia, tweeted that Pakistan’s “efforts have paid (off)” during a Feb. 20 meeting on the US-led motion, suggesting there was “no consensus for nominating Pakistan”.

He further revealed that the meeting was “proposing 3 months pause and asking APG for another report to be considered in June,” indicating that the reprieve was temporary and subject to Islamabad fulfilling its obligation to crack down on terror financing.

APG is the Asia/Pacific Group on Money Laundering (APG) in the Financial Action Task Force (FATF), which took up the matter of Pakistan’s patronage of terrorism this week.

The foreign minister thanked the countries that supported Pakistan on the issue.

On the other hand, the US State Department Spokesperson Heather Nauert told media at her daily news conference that the US expects that the Paris-based Financial Action Task Force (FATF) will take an action on Pakistan and other countries later this week, whom it believes is not doing enough on terror financing.

“We’re anticipating that the final decision would be made on Thursday of this week,” she added.

Responding to a question on a tweet from Foreign Minister Khawaja Asif, she that there was no consensus at the FATF meeting to place Pakistan in the grey list which is a watch-list of countries that need to do more in relation to anti-money laundering and combating the financing of terrorism.

“I cannot (respond to the tweet) because my understanding was that the final decision on that was due later this week. I don’t want to get ahead of what that final decision would be. I don’t have just independent confirmation that a decision was made early,” the State Department Spokesperson said.



Must Watch