FATF

June 17, 2025 10:11 AM

FATF condemns Pahalgam terror attack, says it could not have occurred without ‘money and means’

In a major development, the Financial Action Task Force (FATF) on Monday severely condemned the "brutal terrorist attack" in Pahalgam on April 22, stating that it could not have taken place without "money and the means" to move funds between terrorist supporters. "Terrorist attacks kill, maim and inspire fear around the world. The FATF notes with grave concern and condemns the brutal terrorist attack in Pahalgam on 22 April 2025. This, and other recent attacks, could not occur without money and...

May 21, 2025 1:45 PM

Pakistan’s parallel terror economy: Narcotics, charities and counterfeit cash

According to the South Asia Terrorism Portal (SATP), Pakistan is home to 83 proscribed terrorist organisations. Of these, 45 remain active, spreading violence not only in India but across Asia and far beyond. Many are indigenous creations; others are trans-national networks that Islamabad’s ruling establishment, and its all-powerful army, openly courts or covertly protects, whether governing the country directly or de facto. A Who’s Who of Pakistan-Backed Extremism The roll-call of jihadis...

September 19, 2024 11:19 PM

FATF praises India’s efforts against illicit finance but warns of terrorism threats

The Financial Action Task Force (FATF) on Thursday lauded India's efforts to tackle illicit finance but cautioned the country about serious threats related to terrorism and terrorist financing, particularly concerning groups like ISIL and Al Qaeda. In a statement posted on X, FATF highlighted, "India achieved a high level of technical compliance with the FATF Recommendations and has taken substantial measures to tackle illicit finance. However, it must continue to enhance its system as its econ...