Masood Azhar & family missing, Pak. tells financial watchdog FATF
Part of: GS Prelims –Polity and GS-II- International organization
- Pakistan has informed the Financial Action Task Force (FATF) that Masood Azhar, founder of terror outfit Jaish-e-Mohammad (JeM), and his family are “missing”.
- Listed as a designated terrorist by the United Nations Security Council 1267 Committee
- The FATF is now reviewing Pakistan’s case to see if it fulfils the global standards criteria to combat terror-financing.
- The FATF is chaired by China.
- JeM had claimed responsibility for the Pulwama terror attack on February 14 last year when 40 CRPF personnel were killed in a car bombing.
From Prelims Point of View:
FATF (Financial Action Task Force)
- Established in 1989 by a Group of Seven (G-7) Summit in Paris
- To examine and develop measures to combat money laundering.
- Recently in 2012 it expanded its mandate to incorporate efforts to combat terrorist financing,
- Secretariat is housed at the OECD headquarters in Paris.
United Nations Security Council resolution 1267
- Adopted unanimously on1999
- the Council designated Osama bin Laden and associates as terrorists
- Established a sanctions regime to cover individuals and entities associated with Al-Qaida, Osama bin Laden and/or the Taliban wherever located