US fails to put Pakistan on FATF watchlist

PARIS: A US-sponsored resolution to the FATF to consider placing Pakistan on the watchlist of countries that financially aid terrorism remained inconclusive after the meeting here concluded on “no consensus”, the country’s foreign minister said.

Foreign Minister Khawaja Asif confirmed on Twitter that “no consensus [could be reached] for nominating Pakistan” to be added to the Financial Action Task Force’s (FATF) list of nations that monetarily support terrorism. Expressing gratitude at the decision, Asif said “our efforts paid [off]” and the convening states agreed to “proposing 3 months pause and asking APG for another report to be considered in June”. “Grateful to friends who helped,” the minister added.