A report card on Pakistan by a regional terror financing watchdog has found a series of critical gaps in Islamabad’s efforts to curb the flow of funds to and reduce the activities of proscribed terror groups like Jamaat-ud-Dawa and Lashkar-e-Toiba.
The Asia Pacific Group on Money Laundering, the regional affiliate of the Financial Action Task Force (FATF), had adopted Pakistan’s Mutual Evaluation Report at the annual meeting in Canberra on September 12. It was, however, released publicly only on October 2.
After the Canberra meeting in August, the Pakistan finance ministry admitted that it had been listed for an “enhanced follow-up”.
