Britain has joined the United States in urging Pakistan to tackle the threat of terrorist groups or to submit to a list of countries deemed by the Financial Action Task Force (FATF) to be non-compliant with terrorist financing money laundering -Überwachungsgruppe.
A British government source has confirmed that the original application was jointly prepared by the United Kingdom and the United States so that the anti-money laundering panel could list Pakistan. “The UK, the US and their European allies share these concerns and believe that action is needed,” the source said, adding that France and Germany were on the same page and that stronger measures could follow.
Pakistan emphasizes that it is the biggest victim of terrorism and is fighting terrorism without discrimination. It is clear that the measures could harm Pakistan’s economy. The Foreign and Commonwealth Office (FCO) did not comment on the file, but Her Majesty’s Treasury, the UK Government’s Department of Finance and Finance, confirmed that it is working with the US and other partners to put Pakistan on the FATF list to set German.
It is important for Pakistan to fulfill its obligations to combat the threat of terrorist groups. The UK wants to see progress on all recommendations in FATF reports. We – and others in the international community – are ready to help Pakistan, “said a spokesman.
The FATF meeting will take place in Paris from 18 February to 23 February to review the recent steps of the Pakistani authorities. The 37 members of the FATF meeting in Paris will decide on the resolution.
On the recommendation of the international community, Pakistan has recently taken many steps, including banning the Lashkar-e-Taiba, Jaish-e-Muhammad, Jamaat-ud-Dawa and Falah-e-Insaniat Foundation.
UK Department of Defense sources said that if a strong resolution is adopted at the FATF meeting, Pakistan will face another strong move in another meeting of the Asia-Pacific Group (APG) in Kathmandu in July this year. Strict measures are expected to be postponed as Pakistan has taken strong steps against the banned organizations and Pakistan has lobbied with member countries to inform them of the steps taken.
FATF members China, Russia and Turkey are pleased with the steps Pakistan has taken to counter terrorism in the country.
Officials also fear that it would be more difficult and more expensive for Pakistan to borrow money from international debt markets if it were placed on the FATF watch list. Pakistan believes that the United States has taken many steps and made statements to Hafiz Saeed and others on behalf of India. Pakistan and the United Kingdom have maintained good relations and maintained close relations. Both countries work closely together in security cooperation, but the British government is increasingly supporting the US government on the issue of extremist groups.
In the meantime, Pakistan has accused some of the FATF’s 37 countries of political maneuvering, saying that their true goal is to hinder their economic progress and put it on the gray list when they meet in Paris on 20 February.
In addition, the government officially admitted for the first time that the United States, the United Kingdom, France and Germany had put Pakistan on the gray list of the FATF, while expressing serious concerns over the introduction of this new procedure unprecedentedly and in clear violation of the established ones Rules / practices of the FATF.
The government says that all these steps are being taken to challenge the overall integrity of the Pakistani Anti-Money Laundering and Terrorist Financing Act (AML / CFT).
In Pakistan itself, some have criticized the government for limiting the list of banned United Nations terrorist organizations to the gray list on Monday by extending the ban on Pakistani groups. Pakistan’s mutual evaluation is ongoing and the blame game against Islamabad has begun.
India is also very active in lobbying Pakistan, and around February 20 in Paris we will know how many of these 37 FATF countries have also decided to join the above four countries and others who have decided to join Pakistan support. “Official told the news.
The State Department spokesman expressed Pakistan’s anger while briefing the weekly media briefing: “While the Asia-Pacific Group (APG) analyzed our report, the United States and Britain jointly sent a letter to the FATF in Pakistan on January 20, 2018 was nominated in the gray list France and Germany joined this nomination.
He added that since 2015, the target posts for reporting have been repeatedly postponed from Pakistan. Pakistan is not a member of the FATF. Pakistan’s mutual evaluation is being conducted by the Asia Pacific Group (APG). The FATF may impose punitive measures against any country for failure to comply by making a public statement (black / gray list).
This has made it a never-ending monitoring process. The goal of these new problems seems to be to suddenly alarm the entire integrity of the Pakistani AML / CFT framework. The launching of this action, without awaiting the conclusion of the Pakistani countervailing verdict, is designed to manipulate the FATF process, “the spokesman added.
Pakistan has continuously reported to APG on these “remaining concerns”, and its most recent report was submitted to APG on January 6, 2018. “These reports highlighted extensive enforcement efforts by the Government of Pakistan to tackle these issues,” he added.
Based on the mutual evaluation of Pakistan in 2009, the FATF identified “strategic flaws” in Pakistan’s AML / CFT regime. In February 2012, Pakistan was listed in the FATF public statement, d. H. “Gray List”.
To remedy these shortcomings, Pakistan agreed to implement the FATF Action Plan. As a result, the State Bank of Pakistan introduced new rules and guidelines for CFT / AML. A separate legislation on money laundering was also passed by Parliament.
In addition, an Operationally Independent and Administrative Financial Monitoring Unit (FMU) has been established under the AML Law with the sole mandate to receive, analyze and disseminate suspicious transaction reports (suspicious transaction reports) and currency transaction reports (CTRs).
In June 2015, following intense efforts, Pakistan implemented and completed the Action Plan, after which it was removed from the FATF public statement.
“After leaving the country, FATF referred Pakistan to APG because of some concerns over the implementation of UN Security Council resolutions 1267 to some organizations (Lashkar-e-Taiba, JuD and FIF),” the spokesman said.
The FATF is an international body founded in 1989 on the initiative of the G7. The main objective of the FATF was to set standards for combating money laundering. In 2001, his mandate was extended to terrorist financing.
Each country undergoes a peer-based evaluation process called “Mutual Evaluation” to monitor compliance with FATF standards. The problems for Pakistan also come from the Trump administration, where the US intelligence agency considers in its annual exercise countries that pose a global threat.
The committee presented its report to this report and noted that militant groups supported by Pakistan will continue to use their alleged safe haven in Pakistan to “plan and carry out attacks in India and Afghanistan, including against US interests”.
With regard to Pakistan, the report warned that the country continues to threaten US interests by employing new nuclear weapons capabilities, maintaining its links with militants, reducing counter-terrorism cooperation and moving closer to China.
The only negative focus on Pakistan’s nuclear program is extremely regrettable. We have consistently stated that Pakistan’s nuclear stance is purely defensive in order to deter the aggressive plans of its hostile neighbor in the East, “the FO spokesman responded to a questioner.
He pointed out the complete silence of the report on India’s ambitious nuclear program and carrier system, which is really surprising and partisan.
“Any credible threat analysis should have warned the world about India’s fast-growing nuclear inventory and the development of long-haul systems that sparked a new arms race in our region,” he added.
Responding to various allegations from New Delhi, the spokesman said that if India had an aggression, Pakistan would be able to defend itself.
“The Pakistani nation should not be taken for granted by anyone, and if India wants peace, it should refrain from aggressive rhetoric for the sole purpose of winning winners,” he said.
A special segment in the Indian media, he added, runs with their allusions to malicious Pakistan and whips up public rage. “We are confident that the world community will pay due attention to the Indian smear campaign against Pakistan and the deliberate emergence of war hysteria,” he said.