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FATF gives Pakistan 4-month reprieve to meet deadline to stop financing terror groups

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NEW DELHI : The Paris-based Financial Action Task Force (FATF) on Tuesday said it was giving countries on its watch including Pakistan a four-month reprieve for meeting a deadline set by it to stop financing terrorist group given the temporary suspension of its activities due to the crisis caused by the novel coronavirus pandemic.

But the intergovernmental body, that sets policies and standards to combat financial crime including money laundering and terrorist financing, warned that it would not be relaxing its efforts to combat the financing of terrorist organizations or any of its other activities.

It said in a statement posted on its website that it would actively monitor the impact of the covid-19 crisis on measures to counter illicit

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