FATF sets deadline for Pakistan to act against terror

The FATF, in its plenary meeting held in Paris from February 16 to 21, 2020, has again expressed serious concerns on Pakistan’s failure to complete its 27 point action plan in line with the agreed timelines (which ended in September 2019) and in light of the terror financing risks.

The global watchdog has strongly asked Pakistan to swiftly complete its full action plan by June 2020 and further warned that if significant and sustainable progress, especially in prosecuting and penalising terrorist financing, not be made by the June 2020 Plenary, the FATF will take action, which could include the FATF calling on its member.