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FATF keeps Pak on grey list, says it has shown no understanding of terror financing

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FATF keeps Pak on grey list, says it has shown no understanding of terror financing

[vc_row][vc_column][vc_column_text]Condemning Pulwama terror attack, terror financing watchdog Financial Action Task Force (FATF) said Pakistan has shown no understanding of  funding of terrorist outfits like Jaish-e-Mohammad (JeM) and Lashkar-e-Taiba (LeT) and decided to keep Pakistan on its ‘grey list’ till October.

India had made a strong push to ensure that Islamabad is not taken off the list, in the light of the Pulwama terror attack. Pakistan, however, managed to escape getting into the ‘black list’.

Earlier this week, France said they were pushing FATF to keep Pakistan on the grey list, given its non-compliance with FATF rules, but also as a move after the Pulwama attack. Pakistani officials tried hard to get off the grey list, insisting they were in compliance.

Pakistan’s inclusion on the list keeps international pressure on Pakistan to clean up its act on terror support and terror financing. It makes it harder for its government to access international markets at a time when the economy is stumbling. While there are no direct legal implications, it brings extra scrutiny from regulators and financial institutions that can chill trade and investment.

The Paris-based FATF noted that Pakistan has made only “limited progress” on curbing money laundering and terrorism financing, failing to show a proper understanding of the risks posed by JuD, LeT, JeM and others.

High alert at Mumbai Railway stations after LeT terror threat inputs

The remarks came at the FATF’s plenary meeting in Paris that was held in the backdrop of the Pulwama terror attack, in which 40 CRPF personnel were killed last week.

Expressing grave concern over the violent terrorist attack, the 38-member watchdog said it could not have occurred without money and the means to move funds between terrorist supporters.

The FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies, including by adequately demonstrating its proper understanding of the terror financing risks posed by the terrorist groups and conducting supervision on a risk-sensitive basis.

“Pakistan has revised its TF (terror financing) risk assessment. However, it does not demonstrate a proper understanding of the TF risks posed by Da’esh (ISIS), AL-Qaida, JuD (Jamat-ud-Dawa), FIF (Falah-e-Insaniat Foundation), LeT (Lashkar-e-Taiba), JeM (Jaish-e-Mohammad), HQN (Haqqani Network) and persons affiliated with the Taliban,” the statement said.

“Given the limited progress on action plan items … the FATF urges Pakistan to swiftly complete its action plan, particularly those with timelines of May 2019,” the FATF said in a statement.

Ensure Kashmiris are not boycotted or attacked, Supreme Court orders states

Pakistan had to demonstrate compliance on five counts by February, but there has been negligible movement by Islamabad. It needed to show sanctions were being applied in cases of money laundering and terrorism financing, demonstrate better cooperation between authorities identifying illegal money flows, and enhance support for prosecutors, among other measures, the FATF said.

As a last minute gesture, Pakistan reinstated the bans on Falah-i-Insaniyat and Jamaat-ud-Dawa, two front organisations of the Lashkar-e-Taiba. These organisations had been banned by a presidential ordinance by the former Nawaz Sharif government, but the ordinance was allowed to lapse by the Imran Khan government.

India had been pressing the FATF to put Pakistan on the blacklist and had submitted a dossier to the watchdog, making a strong case against Pakistan’s non-compliance in curbing terror funding.

Pakistan is already in the grey list and has time till October to avoid being blacklisted, technically referred to as countries under ‘high-risk and other monitored jurisdiction.’ Iran and North Korea are currently blacklisted.

In June 2018, Pakistan made a high-level political commitment to work with the FATF and the Asia Pacific Group to address its strategic counter-terrorist financing-related deficiencies.

Two suspected terrorists of Jaish-e-Mohammed group arrested from UP’s Deoband

To avoid being blacklisted in October this year, it had committed that “law enforcement agencies are identifying and investigating the widest range of terror funding activities and that terror funding investigations and prosecutions target designated persons and entities, and persons and entities acting on behalf of or at the direction of the designated persons or entities.”

India had informed the FATF that Pakistan is falling short of its commitments drastically as the proscribed terror outfits and individuals continue to act from its territory and bleed India.

China yields, UNSC statement names Jaish-e-Mohammad in condemning Pulwama attack

When Pakistan was put under the grey list last year, its all-weather friend China and Saudi Arabia, which has an observer status at the FATF, refused to shield it. India is hoping that it can ultimately build enough pressure to push for Pakistan’s blacklisting later this year. The blacklisting will prevent institutions like IMF from financially supporting Pakistan that it can ill-afford at this time.

On Thursday night, the United Nations Security Council (UNSC) had strongly condemned the Pulwama attack and, signalling a clear shift, China signed off on a UNSC statement that “condemned in the strongest terms” the Pulwama terror attack and named Pakistan-based JeM for the “heinous and cowardly suicide bombing”.[/vc_column_text][/vc_column][/vc_row]

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Magnitude 7 earthquake strikes Tibet after floods

A magnitude 7 earthquake struck northern Tibet on Thursday, October 22. The tremor came weeks after deadly flash floods and landslides hit the mountainous region near the Nepal-China border. Initial reports did not confirm casualties or damage from the earthquake.

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A powerful earthquake measuring magnitude 7 struck northern Tibet on Thursday, October 22, weeks after deadly flash floods and landslides devastated parts of the mountainous region near the Nepal-China border.

The earthquake struck the Nagqu region of Tibet, according to initial reports from earthquake monitoring agencies. The tremor occurred at around 10:33 pm local time in China, with the epicentre located in a county in northern Tibet.

The earthquake was reported at a depth of around 10 kilometres by China’s Earthquake Networks Center. The United States Geological Survey also reported the magnitude 7 tremor, placing its depth at approximately 18 kilometres.

There were no immediate confirmed reports of casualties or property damage following the earthquake, according to initial information available after the tremor.

Earthquake strikes northern Tibet

The earthquake occurred in the Nagqu region, approximately 400 kilometres from Lhasa, the capital of Tibet.

The tremor was recorded on Thursday evening, with monitoring agencies reporting slightly different estimates of its depth. China’s Earthquake Networks Center placed the epicentre at a depth of 10 kilometres, while the US Geological Survey reported a depth of 18 kilometres.

Further information about the earthquake’s impact was awaited at the time of the initial reports.

Tibet earthquake follows deadly flash floods

The earthquake struck weeks after devastating flash floods and landslides affected the mountainous region along the Nepal-China border in late August.

The earlier disaster followed an ice-and-rock avalanche near the border on August 26, triggering flash floods that swept through downstream areas. Homes, roads, bridges and power infrastructure were among the structures affected, while rescue and recovery operations continued in the aftermath.

The floods caused extensive destruction and left thousands of people dead or missing across the affected region, according to reports published after the disaster.

The latest earthquake is a separate event from the earlier avalanche and flooding disaster. An assessment of its effects was not immediately available.

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Macron rejects Trump’s immigration claims over France riots

French President Emmanuel Macron criticised Donald Trump and other foreign leaders over their comments on France’s recent unrest. Macron rejected claims that the country was being overrun by migrants and Islamists, calling such assertions false.

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French President Emmanuel Macron has criticised US President Donald Trump and other foreign leaders for their remarks about the recent unrest in France, accusing them of using the situation to advance their political agendas.

Speaking to reporters in Doha on Wednesday, October 21, Macron said foreign manipulation of information following the violence and looting had led to comments he described as “unacceptable” and “stupid”.

When asked whether he was referring to Trump, Macron replied, “Among others.”

The remarks came after Trump attributed the unrest in France to immigration and urged European countries to tighten their borders. Macron rejected claims that France had been overrun by migrants and Islamists, describing them as false.

Macron rejects claims linking unrest to immigration

Trump had argued that immigration was responsible for the violence in France, dismissing other explanations related to education and social concerns. He also urged Macron to close France’s borders, warning that the country faced serious consequences if it failed to act.

In a post on his social media platform Truth Social, Trump claimed that immigration had damaged France and called on the country to regain control of its borders.

Macron pushed back against this narrative, saying that some foreign leaders were repeating misleading claims about the situation. He also highlighted the circulation of artificial intelligence-generated images that depicted events he said had never taken place in France.

The French president said claims that the country had been invaded by large numbers of migrants and Islamists were “completely false”.

Macron argued that some politicians were using France’s domestic situation to support their own political campaigns, particularly as elections approach in their respective countries.

French minister offers to counter misinformation

French Foreign Minister Jean-Noel Barrot said his office could provide clarification to countries concerned about the situation.

He said the aim was to help prevent the spread or amplification of false information and unsupported claims on social media.

Macron also criticised those speaking negatively about France during the unrest, saying that foreign leaders should not exploit the country’s difficulties for political purposes.

Protests driven by rising living costs

The unrest followed demonstrations over rising living costs, inflation and concerns about public services. The protests initially involved students demanding more teachers and better school conditions before expanding to include trade unions and others concerned about economic pressures.

Violence and looting subsequently affected Paris and other French cities.

The French interior ministry estimated that 550,000 people took part in the nationwide demonstrations, while the CGT trade union put attendance at 800,000. The demands reported in connection with the demonstrations centred on living costs and public services rather than immigration.

The French government has faced pressure to prevent further violence, with additional demonstrations planned in the coming days.

Macron said France had the means to maintain order and indicated that a state of emergency was not necessary at that stage.

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Marco Rubio says India and US share extraordinary alignment on key issues

US Secretary of State Marco Rubio said India and the United States share an extraordinary alignment on core issues, even though disagreements between the two countries may arise.

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US Secretary of State Marco Rubio has described the relationship between India and the United States as one marked by an “extraordinary alignment” on important national interests, while acknowledging that the two countries may disagree on certain matters.

Speaking at a ‘Freedom 250’ reception in Mumbai on Tuesday during his visit to India, Rubio said the partnership between the two countries could play a significant role in shaping the 21st century. He emphasised the importance of cooperation between the two nations on issues that affect their respective national interests.

Rubio highlights shared priorities in the Indo-Pacific

Rubio identified the need for a free and open Indo-Pacific as a key area of common ground between New Delhi and Washington. He said both countries had an interest in ensuring that no nation claimed dominance over international shipping routes.

He acknowledged that disagreements between countries were inevitable but said the alignment between India and the US on core issues remained significant, particularly given the size and influence of both nations.

Rubio also described India as a powerful, influential and advanced country, calling it a strong geopolitical partner for the United States.

India-US relationship could shape the 21st century

Rubio said the partnership between the two countries could help shape the course of the coming decades. He pointed to shared values, including individual dignity, democratic principles and the rule of law, as common ground between the two nations.

He also noted that decisions being taken today on geopolitics, economics, trade and commerce would have consequences for future generations.

The US Secretary of State said he believed the relationship between India and the United States could positively influence what the 21st century looks like.

Trade ties remain an important part of the relationship

Rubio’s remarks come amid ongoing discussions between India and the United States over trade and other bilateral issues.

Earlier on Tuesday, he said the two countries were very close to signing a bilateral trade agreement, with a small number of outstanding points still to be resolved.

Trade relations have faced challenges over tariffs, India’s purchases of Russian oil and US immigration policies. Despite these differences, Rubio’s comments underscored Washington’s emphasis on the broader strategic partnership with New Delhi.

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