Troubles mount for the Islamic Republic of Pakistan as the global watchdog for terror-financing, Financial Action Task Force (FATF) being unsatisfied by the actions taken by the nation. has shot it a list of over 150 questions seeking clarifications, Economic Times.
The development comes two months ahead of Pakistan's probable black-listing in February 2020, given FATF warning to Pakistan that it will be degraded from the grey-list if it does not comply with its 27 point agenda, of which Pakistan has only taken action on five.
On the questions on remaining 22 points, Pakistan had submitted a report to the FATF as recently as 6 December in response to which the new list of 150 questions has come up. It should be noted that the FATF has sought clarifications and updates, especially on the actions taken against the madrassas belonging to the proscribed outfits.
Pakistan has been awarded time till 8 January 2020 to respond to the 150 questions. The next meeting of the FATF is supposed to take place from 21-24 January in Beijing where the Islamic Republic will be given an opportunity to defend its points.
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