An international agency that monitors terrorism funding has kept North Korea and Iran as the only two countries on its black list but added four new places to its watch list for increased monitoring
Author:
Published: 2021-02-25 01:37 pm

An international agency that monitors terrorism funding has kept North Korea and Iran as the only two countries on its black list but added four new places to its watch list for increased monitoring

The Financial Action Task Force, or FATF, added Morocco, Burkina Faso, Senegal and the Cayman Islands to the watch list during a plenary session this week, and kept Pakistan on the list despite the country's progress, the agency's president, Marcus Pleyer, said.

With the four additions, the so-called gray list now has 19 countries and territories that FATF said are only partially fulfilling international rules for fighting terrorism financing and money laundering.

Pakistan has made “significant progress in its effort to improve its anti-money laundering and counter-terrorism financing framework,” Pleyer said during a news conference. “However, some serious deficiencies remain,” all in areas related to terrorist financing, he said.

Of the 27 items on the action plan Pakistan signed onto after landing on the gray list in 2018, three “still need to be fully addressed,” the FATF chief said.

“I strongly urge completion of the action plan,” Pleyer said. Pakistan's status will be reviewed again at an extraordinary plenary session in June, he said.

The FATF said that the COVID-19 pandemic has not stopped criminals from exploiting it for their financial gain.

Read Full Story

Ex-US priest on trial in East Timor on sex abuse charges

abcnews.go.com - 2 months ago
A defrocked American priest is on trial on charges he sexually abused young girls at his shelter for orphans and children from impoverished families
Read More

Senate Republican pursues baseless election fraud claims as Trump tweets approval

abcnews.go.com - 4 months ago
A Senate Republican committee chairman used a hearing Wednesday to pursue baseless election fraud claims as Trump tweeted approval.
Read More

Sen. Kamala Harris calls Trump's attacks on her 'childish'

abcnews.go.com - 5 months ago
Sen. Kamala Harris sits down for a talk on "The View" on Monday, Oct. 26, 2020.
Read More

Mexico clears general, publishes US evidence against him

abcnews.go.com - 3 months ago
Mexican President Andrés Manuel López Obrador has accused the U.S. Drug Enforcement Administration of fabricating drug trafficking charges against the country’s former defense secretary
Read More