Pakistan On Notice: FATF Warns 'Grey List Exit Not Bulletproof' Amid New Terror Funding Fears

This special report focuses on the Financial Action Task Force (FATF) and its stern warning to Pakistan regarding terror financing. FATF President Elisa de Anda Madrazo cautioned that Pakistan's removal from the grey list in October 2022 is not a permanent shield and the country remains under scrutiny. Madrazo stated, ‘any country that is in the grey list but that also exits the grey list is not bulletproof for the actions of criminals, either money launderers or terrorists.’ The warning comes amid reports that Pakistan-based terror outfits like Jaish-e-Mohammad, led by Masood Azhar, are using digital wallets to raise funds for their operations. Despite claims of action, UN-sanctioned terrorists like Hafiz Saeed continue to operate in Pakistan, keeping the nation under the watchful eye of the global terror financing watchdog.