India welcomes move to put Pakistan in FATF grey list

NEW DELHI: India on Saturday welcomed the decision of the Financial Action Task Force (FATF) to place Pakistan in its Compliance Document (Grey list) for ICRG monitoring.

Pakistan has given a high level political commitment to address the global concerns regarding its implementation of the FATF standards for countering terror financing and anti-money laundering, especially in respect of UN designated and internationally proscribed terror entities and individuals, MEA spokesperson Raveesh Kumar noted.

The freedom and impunity with which the designated terrorists like Hafiz Saed and entities like Jamaat-Ud-Dawaa, Lashkar-e-Tayabba, Jaish-e-Mohammed continue to operate in Pakistan is not in keeping with such commitments, Kumar pointed out.


"We hope that the FATF Action plan shall be complied with in a time bound manner and credible measures would be taken by Pakistan to address global concerns related to terrorism emanating from any territory under its control."

Pakistan was put in grey list at the just concluded FATF plenary in Paris. ET was the first to report that Pakistan will be put in that list in this month's plenary meet of FATF.