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India expects Pakistan to take all necessary steps to effectively implement the action plan of the Financial Action Task Force (FATF) fully by September this year.
In response to a media query regarding FATF decision to continuously keep Pakistan in the Grey List, External Affairs Ministry spokesperson Raveesh Kumar said, the FATF action plan by Pakistan should be in accordance with its political commitment.
He said Islamabad should take credible, verifiable, irreversible and sustainable measures to address global concerns related to terrorism and terrorist financing emanating from any territory under its control.
Yesterday, the FATF said Pakistan had failed to complete its action plan on terror financing and warned Islamabad to meet its commitment by October or face action, which could possibly lead to the country getting blacklisted.
The Paris-based global body is working to curb terrorism financing and money laundering and has asked Pakistan to reassess the operation of banned terrorist outfits in the country.
In June last year, the FATF placed Pakistan on the grey list of countries whose domestic laws are considered weak to tackle the challenges of money laundering and terrorism financing.
