India May Push FATF To Grey-List Pakistan
India is likely to press the Financial Action Task Force to place Pakistan back under increased monitoring, commonly known as the FATF grey list, over concerns linked to terror financing and support to banned groups.
India FATF Push Against Pakistan
New Delhi is expected to raise Pakistan’s alleged terror-financing links at an upcoming FATF meeting. India may present fresh evidence, including video material and other records, to argue that Pakistan has not fully ended support structures for terrorist organisations operating from its soil.
The move comes amid renewed scrutiny of Pakistan’s role in cross-border terrorism and the use of financial channels by extremist networks. India is expected to frame the issue as a matter of global counter-terror financing compliance.
Pakistan Grey List History
Pakistan was previously placed on the FATF grey list in 2018 and remained under increased monitoring until October 2022. During that period, it was required to address deficiencies in its anti-money laundering and counter-terror financing systems.
FATF removed Pakistan from the grey list after it completed an agreed action plan. However, India has continued to argue that Pakistan must be held accountable if terror-linked financing networks remain active.
Terror Financing Concerns
The grey list does not mean formal sanctions, but it increases international monitoring and can affect investor confidence, financial transactions and access to global funding. Countries on the list are expected to work with FATF to correct strategic weaknesses.
India’s reported push also comes after Vivek Aggarwal became the first Indian to be elected FATF vice-president. The development could strengthen India’s role in global discussions on financial crime, money laundering and terror financing.
