The Financial Action Task Force (FATF) has issued a stern warning to Pakistan, cautioning that its removal from the grey list in October 2022 does not make it immune to scrutiny over terror financing or money laundering. The warning follows reports that Jaish-e-Mohammad (JeM) has launched a female-focussed fundraising initiative using digital wallets to finance new training camps under the guise of religious education webinars.

At the conclusion of its September–October plenary, FATF President Elisa de Anda Madrazo confirmed intelligence reports pointing to the growing use of digital wallets for terror financing. She stated that Pakistan remains under a “follow-up process” through the Asia-Pacific Group (APG), despite its delisting two years ago. “Any country that is in the grey list but

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