Pakistan has stepped up its efforts to be scratched off the Financial Action Task Force’s (FATF) list of problem jurisdictions with the high-profile publication of new measures to implement United Nations sanctions fully on Al Qaeda and the Taliban.
The ability of terrorist groups to raise money in Pakistan has long been a thorn in the side of its relations with the US and grist to the mill of its rival and neighbour, India.
Patchy implementation of UN sanctions against the two terrorist groups, which are binding under international law, has been highlighted by FATF, a global standards-setting body focused on countering illicit finance.
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