IASTODAY DAILY CAPSULE -AUGUST 23 2019 NOTES[UPSC IAS Current affairs]
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IASTODAY DAILY CAPSULES -General Studies-02 IASTODAY CAPSULES are available free -date wise => CLICK HERE Pakistan placed under blacklist of FATF Asia-Pacific Group News Pakistan has been placed on the blacklist of the Financial Action Task Force’s Asia Pacific Group (APG) for non-compliance and non-enforcement of safeguards against terror financing and money laundering. FATF The FATF is an intergovernmental organisation, which was formed to fight money laundering. While money laundering was the only goal since its formation in 1989, as intended by G7 countries, the September 11, 2001 attacks in the U.S. made the task force add terror financing to its mandate. The FATF is to effectively implement legal barriers to the use of money for terrorism purposes, and for this purpose, it also assumes a role as a policy-making body. Blacklist The…

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