Israel Becomes Permanent Member of Financial Action Task Force

[manga]

By
CA Adda
-
December 12, 2018

Israel became a full member of the Financial Action Task Force (FATF), an international body set up to combat money laundering, terrorist financing and other threats to the international financial system.

The Jewish state has now taken its place alongside 37 other members including most of the G20, the world’s 20 leading industrialized and emerging economies just 16 years after being blacklisted by the organization.

Source- The Times of Israel
Static/Current Takeaways Important for IBPS Clerk Mains Exam 2018-

• The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.
• Israel Capital: Jerusalem, Currency: Israeli new shekel.

https://currentaffairs.adda247.com/israel-becomes-permanent-member-of-financial-action-task-force/

 

[Umair Nawaz]

interesting clue to the direction where these international TAsk Force is heading towards!

and whom it solely want to punish in future, ie the Muslim World!

Even though Israel is well know in funding the anti Islam hatred in the western World!

 

[Pan-Islamic-Pakistan]

interesting clue to the direction where these international TAsk Force is heading towards!

and whom it solely want to punish in future, ie the Muslim World!

Even though Israel is well know in funding the anti Islam hatred in the western World!

This explains their demonization of Pakistan.

 

[AZADPAKISTAN2009]

This organization is just a body created to by pass United Nation as no vote will pass thru it

 

[manga]

This organization is just a body created to by pass United Nation as no vote will pass thru it

Isn't that a good idea.
Need more of such organisations to by pass UN and make it fully dysfunctional eventually.

 

[Orca]

Isn't that a good idea.
Need more of such organisations to by pass UN and make it fully dysfunctional eventually.

ok then India should contribute large chunk of this million dollar idea

 

[enquencher]

Blacklist coming soon...njoy