Jaish-e-Mohammed Current Affairs - 2019

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FATF report on money laundering: slams Pakistan for terror funding

The Asia – Pacific Group of FATF (Financial Action Task Force) slammed Pakistan as the later failed to take actions against terror groups. On 5th October, 2019, the group published report on Money Laundering and terror financing in Pakistan.

Key statements of the report

  • The watchdog reported that Pakistan failed to implement the UNSC (United Nations Security Council) resolution against Hafiz Saeed, JeM – Jaish – e – Mohammed, LeT – Lashkar – e – Taiba.
  • The report disagreed Pakistan’s self – assessment that it only faces ‘medium’ category risks.
  • It also said that the key banking institutions in the country like the Securities and Exchange Commission of Pakistan and State Bank of Pakistan had very limited or no understanding of the terror financing regimes of the country.
  • The report alerted Pakistan that it could be black listed alongside North Korea and Iran unless it takes actions against the UN – designated terrorists in its soil

FATF

FATF is the Finacial Action Task Force. It is an inter – governmental body that was established in 1989. The main objective of the organization is to set standard and promote implementation of legal regulatory measures for money laundering and terror financing. It issued a series of recommendations as international standard to combat money laundering. It now forms the base for coordinated response to threats faced by financial systems

Pakistan to observe February 27 as ‘Operation Swift Retort’

Pakistan will observe the Pakistan Air Force’s (PAF) retaliatory action on 27th February 2019 against India as ‘Operation Swift Retort’.

Key Highlights

  • It was mentioned at PAF’s Air Staff presentation, which is held quarterly every year to take stock of operational preparedness of the force.
  • According to PAF, “swift response” demonstrates their firm resolve, capacity and capability in thwarting (opposing successfully) the criminal designs of adversary.
  • Although it alarmed that its response to any new “misadventure by the adversary” (in this case India) would be stronger than before.

The Issue

  • After 14 February 2019, when Pakistan based Jaish-e-Mohammed (JeM) suicide bomber attacked CRPF convoy in Pulwama, killing 40 CRPF soldiers, tensions between India and Pakistan escalated.
  • Later on February 26 Indian Air Force (IAF) carried out counter-terror operation (Balakot Air Strike), hitting what it claimed was a JeM training camp in Balakot, deep inside Pakistan on 26 February 2019.
  • Then on 27 February the PAF retaliated and in an aerial combat between India and Pakistan, India lost its MiG-21 Bison aircraft and its pilot Wing Commander Abhinandan Varthaman, who allegedly shot down PAF’s F-16 fighter aircraft was captured by Pakistan. He was later released and handed over to India on March 1.