Friday, 22 October 2021

Pakistan govt passes all FATF-linked bills via joint session


ISLAMABAD: After a series of defeats in Senate, Pakistan government pushed all pending legislations on terror financing linked to FATF compliance through a joint session of parliament amid loud protests and a walkout by Opposition members.

The Imran Khan government’s desperate move is part of efforts to get Pakistan out of the Financial Action Task Force’s ‘grey list’ and to prevent it from going further down to a ‘black list’. The global watchdog on terror financing and money laundering is set to review Pakistan’s compliance in October.

FATF put Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action by the end of 2019, but the deadline was extended due to the coronavirus pandemic.

The joint session of parliament was convened just hours after the Senate rejected the Anti-Terrorism (Third Amendment) Bill, 2020 in a 34-31 vote, a day after it was passed by the lower house, National Assembly.

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