indiaUpdated: Feb 18, 2020 21:52 ISTA global terror financing watchdog has asked Pakistan to further tighten its laws to bring individuals involved in money laundering and terror financing to task, media reports said on Tuesday. “The FATF has expressed satisfaction over the steps taken by Pakistan to curb terror financing and demanded that the country further tightens its laws to bring individuals involved in money laundering and terror financing to task,” The Express Tribune newspaper reported. “Pakistan has adopted an effective strategy in the financial sector to curb terror financing and enhanced cooperation between institutions to combat transfer of funds to terrorists,” it reported. Pakistan needs 12 votes out of 39 to exit the ‘grey list’ and move to ‘white list’. In the last month’s FATF meeting in Beijing, Pakistan got support of Malaysia and Turkey besides FATF current chair China.

Source: Hindustan Times February 18, 2020 16:25 UTC