COLD COMFORT l THE HINDU NEWSPAPER EDITORIAL ANALYSIS IN HINDI I PURE BANKING
Pakistan averted the blacklist, nevertheless it ought to tackle cross-border terror
To Islamabad’s deep disappointment, the Paris-based 39-member Monetary Motion Job Drive has determined as soon as once more to maintain Pakistan on its “gray listing” of nations underneath “elevated monitoring”, giving it one other three months to finish its commitments.
After being faraway from that listing in 2015, Pakistan was put again on it in June 2018, and handed a 27-point motion listing to fulfil.
On Thursday, FATF President Marcus Pleyer introduced that though Pakistan has made “important progress”, it had three remaining factors of the 27 that have been solely partially addressed, notably (specifically) all within the space of curbing (lower) terror financing.
Pakistan’s subsequent steps on the FATF directive to efficiently prosecute (act in opposition to) terrorists and terror financers recognized by the grouping are in its personal pursuits.
Any proposed New Delhi-Islamabad engagement within the subsequent few months would get a much-needed increase if Pakistan traverses (crosses) this ‘final mile’ on the FATF gray listing, addressing India’s fundamental grievance on cross-border terror that emanates (originates) from its soil.