India reminds Pakistan it must act soon on curbing terror financing
Financial Action Task Force could blacklist Islamabad Reminding Pakistan that it has less than three months to show progress on curbing terror financing, India said it expected the Pakistan government to fully comply with the action plan set out by the global body Financial Action Task Force (FATF) by taking “credible, verifiable, irreversible and sustainable measures” against terrorist groups on its soil. On Friday, the FATF plenary session in Orlando, U.S., issued a stern statement at the end of its outcome document, telling Pakistan that it could face a blacklisting (the next step) at its next session in October, if it did not follow a 27-point check-list on bringing in stricter laws to curb the access of funds to terror groups inside the country, including the Islamic State, al-Qaeda, the Lashkar-e-Taiba and the Jaish-e-Mohammad. The FATF put off the blacklist, reportedly due to support for Pakistan from China, Turkey and Malaysia, but the entire 38-member body