It looks difficult for Pakistan to exit from the FATF (Financial Action Task Force) grey list as several European countries have taken a stand that Pakistan has not acted upon some points that were required by the action plan.
The acquittal of the accused in American journalist Daniel Pearl’s kidnapping and murder case for which the US has expressed its concern is likely to go against Pakistan. As a result of this the US may also want Pakistan’s continuation on the FATF grey list ‘at least till July’ this year.
The virtual FATF plenary will be held in Paris from 22nd Feb to 25th Feb. The prior FATF plenary held in October last year decided that Pakistan will continue in its ‘grey list’ till February 2021 as it had failed on six of the 27 obligations that the FATF had listed. The list included action against two of India’s most-wanted terrorists – Jaish-e Mohammad chief Maulana Masood Azhar and Jamaat-ud-Dawa head Hafiz Saeed.
Some European countries, France in particular had recommended to the FATF to continue to keep Pakistan on the grey list as France is not happy with Pakistan’s response to the cartoon controversy because of which widespread protests happened all over the world against France.
Exiled rebels from Pakistan (Balochistan), Tibet and Hong Kong gathered and protested outside the headquarters of the FATF in Paris on Saturday 20th Feb urging the international monitoring body (FATF) to blacklist Pakistan and stop Pakistan from sponsoring and financing terror.