World News: The Government Of UK Adds Pakistan To Its List Of 21 High-Risk Countries

Pakistan has been added to the UK’s list of ‘high-risk states’ due to unsatisfactory ‘money laundering’ and ‘terrorist financing controls’. Read on.

Aboli Vaze

April 15, 2021

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2 min

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According to a recent report, the British government has reportedly added Pakistan to its list of ‘undesirable nations’. There are 21 countries in this list that have been categorized as ‘high-risk states’ with unsatisfactory money laundering and ‘terrorist financing controls’. Watch the news video below to find out more details about this step taken by the British government.

The reports suggest that this list released by the UK government is the same as the list of countries released by the Financial Action Task Force (FATF). They are reportedly under increased monitoring. Pakistan is at number 15 on both the lists and shares the spot with ‘conflict-ridden’ countries like Syria, Uganda, Yemen and Zimbabwe.

According to the British government, these nations are on this list due to the lack of ‘check and balance’ on terrorism financing and money laundering. As per the reports, the UK government’s money laundering and terrorist financing regulations for the year 2021 have been enforced from March 26.

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As per the reports, Pakistan is quite unhappy with the UK government’s categorisation. Reacting to the list, Pakistan’s Ministry of Foreign Affairs said that UK’s assessment is not ‘based on facts’. “The UK’s assessment leading to the subject regulation is not based on facts. In particular, over the last two years, we have taken unprecedented measures through a series of legislative, institutional and administrative actions in the domain of anti-money laundering and countering the financing of terrorism”, said Zahid Hafeez Chaudhri, spokesperson for Ministry of Foreign Affairs, Pakistan.

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This list is reportedly a part of post-Brexit developments. This list of high-risk countries used to be determined by the European Union but now the UK has its own independent list with Pakistan being a part of it.

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