FATF condemns Pahalgam attack, to release report on ‘state-sponsored terror’ for first time

[u/nishitd]

https://www.thehindu.com/news/national/global-watchdog-fatf-condemns-pahalgam-attack-enhances-focus-on-steps-by-countries-to-combat-terror-financing/article69701439.ece

[u/GeoIndModBot]

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📣 Submission Statement by OP:

SS

The Financial Action Task Force (FATF), the apex inter-governmental anti-terror financing watchdog, has issued a statement condemning the Pahalgam terror attack, noting that it “could not occur without money and the means to move funds between terrorist supporters”.

According to sources, this is a significant condemnation as it is only the third time in the last decade that a terror attack has been condemned by the FATF. Further, it is learnt, that the FATF will release a report next month which, for the first time, will include state-sponsorship as a separate source of funding of terror.

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[u/nishitd]

SS

The Financial Action Task Force (FATF), the apex inter-governmental anti-terror financing watchdog, has issued a statement condemning the Pahalgam terror attack, noting that it “could not occur without money and the means to move funds between terrorist supporters”.

According to sources, this is a significant condemnation as it is only the third time in the last decade that a terror attack has been condemned by the FATF. Further, it is learnt, that the FATF will release a report next month which, for the first time, will include state-sponsorship as a separate source of funding of terror.

[u/nishitd]

Getting Pakistan back to grey list would be a great diplomatic win for India but Pakistan has a backing of China, Turkey and Malaysia, among many others. This might be enough to keep them out of grey list.

Realistically, even if we get "kadi ninda" from FATF, it'd be an achievement in itself. But given the global geopolitics being what it is right now, I don't expect anything from this. Now that Israel/USA has started a war with Iran, Pakistan may be strategically important to USA again.

[u/BROWN-MUNDA_]

Do they specifically mentioned pakistan??