FATF President Dr. Marcus Pleyer had said, 'Pakistan has made significant progress and it has largely addressed 26 out of 27 items on the action plan it first committed to in June 2018'

'Serious deficiency on the part of Pakistan in checking terror-financing and it is yet to demonstrate taking action against the UN-designated terrorists and their associates', says FATF

Pakistan admitted that Dawood Ibrahim was present on its soil after it imposed financial sanctions on 88 banned terror groups and their leaders. Underworld don Ibrahim's name also figured in the list.

The decision has been taken at the Financial Action Task Force's plenary in Paris.

The hype notwithstanding, Pakistan is unlikely to be put in the “blacklist” of the Financial Action Task Force in the foreseeable future, writes Pranay Sharma.

More than 800 representatives from 205 countries and jurisdictions around the world will take part in the meeting.

Saeed was sentenced to 11 years in prison by an Anti-Terrorism Court (ATC) in Lahore on Wednesday.

Global terror financing watchdog FATF last month retained Pakistan on its 'Grey List' till February next year for its failure to take adequate action against terror financing.

The major terrorist groups that focused on conducting attacks in Pakistan included Tehrik-e-Taliban Pakistan (TTP), Jamaat-ul Abrar (JuA), Islamic State’s Khorasan Province (ISIS-K), and the sectarian group Lashkar-eJhangvi al-Alami (LJA).

There is a lot of misunderstanding in India about FATF. It is not a legally empowered international body to impose sanctions like the UN Security Council or the European Union.

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