Pulwama attack: How a Paris blacklisting may destroy Pakistan economically
The week-long deliberations of the Paris headquartered Financial Action Task Force (FATF) began on Sunday. And India, for its part, is set be present a dossier on how the Pakistani state is supporting Jaish-e-Mohammad, the terror group believed to be behind the suicide bombing in Pulwama . At present, Pakistan finds itself in the category of monitored jurisdictions, where it was placed by FATF in 2018. India will be hoping its dossier will convince FATF to now place Pakistan in the category of high-risk and non-cooperative jurisdictions, along with North Korea and Iran. The other 10 along with Pakistan in the monitored nations category include Syria, Sri Lanka, Yemen and Botswana. FATF is a policy-making body established in 1989 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”. At present, it ...