FATF Flags State-Backed Terror Financing In Pakistan
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For the first time, FATF has acknowledged state-sponsored terror financing in its report, validating India’s stance on Pakistan. Citing Pulwama and Gorakhnath attacks, the report highlights terror funding via hawala and crypto. It warns of decentralised radical cells and calls for stricter regulation. India urges FATF to reconsider Pakistan’s grey-listing.