ISLAMABAD: Pakistani law minister Farogh Naseem has said the country had done “everything” to be removed from a Financial Action Task Force (FATF) grey list and Pakistan’s case would now serve as a test of the “fairness” of the global financial watchdog.
Pakistan was placed on FATF’s grey list of countries in 2018 for inadequate terror funding and money laundering controls.
In June this year, FATF President Marcus Pleyer said Islamabad had made “significant progress” but there remained “serious deficiencies” in mechanisms to plug money laundering and terrorism financing.
The country was also handed another seven-point action plan to be implemented along with the original 27 points to exit the grey list.
Speaking to an international media outlet in comments published on Tuesday, Naseem said Pakistan had met 26 out of the 27 action points and now the country was “actually a test of FATF’s fairness.”
“The FATF people are good people. I'm not being critical against them,” the law minister said. “But as long as these (FATF) standards are universally applied, and not applied to only Pakistan, and as long as there is no international politics, then we welcome FATF. Let it be applied to everyone.”
Following the June review, Pakistan said it was committed to complying with the FATF evaluation process.
“It was also noted by FATF member countries that Pakistan is subject to perhaps the most challenging and comprehensive action plan ever given to any country,” Pakistani federal minister Hammad Azhar wrote on Twitter.
Azhar, who was then leading Pakistan’s effort to implement the FATF roadmap, said the country was “subject to dual evaluation processes of FATF with differing time lines.”
Last year, Azhar said FATF had acknowledged that any blacklisting, meaning further downgrading of the country’s status, was off the table now.
But Pleyer said in June the risk of Pakistan being put on the blacklist had not gone, and the country must continue to work on outstanding action points to fix its financial monitoring mechanisms.
Pakistan says done ‘everything’ to get off grey list, now test of FATF ‘fairness’
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Pakistan says done ‘everything’ to get off grey list, now test of FATF ‘fairness’
- Law minister says Pakistan has largely addressed 26 out of 27 items on a 2018 action plan by FATF
- Pakistan placed on grey list of countries in 2018 over inadequate money laundering, terror funding controls
Pakistan missions in Saudi Arabia establish helplines, airport teams to facilitate passengers
- Several regional countries shut down their airspace when Iran launched retaliatory strikes against US bases in Gulf nations last week
- Conflict has disrupted air travel, particularly for Pakistani Umrah pilgrims, other passengers in Kingdom’s western regions
Islamabad: The Pakistani embassy in Riyadh and the country’s consulate in Jeddah have set up helplines and deployed teams at regional airports to facilitate Pakistani passengers suffering flight disruptions, state media reported on Sunday.
Several regional countries shut down their airspace when Iran launched strikes against US bases in the Gulf following US-Israeli strikes on Iran last week. The conflict has affected key air corridors and forced airlines to cancel or reroute thousands of flights.
Hundreds of international and domestic flights have been canceled in Pakistan since the conflict began on Feb. 28, with most of them scheduled to fly between the South Asian country and destinations in the Middle East.
“As per the instructions of the Government of Pakistan, the Pakistani Embassy in Riyadh and the Consulate General of Pakistan in Jeddah have set up round the clock helplines and deployed teams at regional airports to facilitate Pakistani passengers,” state broadcaster Radio Pakistan reported.
The state media outlet noted that the Middle East war has disrupted air travel, particularly for Pakistani Umrah pilgrims and other passengers in the western regions of Saudi Arabia.
“The situation of Pakistani pilgrims and passengers in Jeddah, Makkah and Madinah is stable, while minor operational restrictions and risk warnings are in place in these airspaces,” Radio Pakistan added.
Earlier this week, the Pakistan Aviation Authority (PAA) denied media reports of a partial closure of the Pakistani airspace from Mar. 3 and Mar. 31.
It said Pakistan’s entire airspace remains fully open, safe, and available for all civil aviation traffic, including commercial flights. It added that alternative routing options are routinely used for affected flows.
“There are no restrictions on commercial operations, arrivals, departures, or overflights across Pakistan,” the PAA said. “Our air traffic controllers and airport teams are fully operational and managing traffic normally.”
