The Hindu Editorial (Another shade of grey) – Jun 28, 2021
Pakistan’s hopes of being let off the Financial Action Task Force’s grey list were dashed once again, as the 39-member grouping decided to keep it on the list, and even add more tasks. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Another shade of grey) – Jun 28, 2021.
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The Hindu Editorial (Another shade of grey) – Jun 28, 2021:
- shade of grey (phrase) – used to refer to a situation where things are unclear or uncertain.
- Financial Action Task Force (FATF) (noun) – The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. The inter-governmental body sets international standards that aim to prevent these illegal activities and the harm they cause to society.
- cross-border (adjective) – across a border between two countries.
- let off (phrasal verb) – relieve from, exempt from.
- grey/watch list (noun) – a list of countries on observation due to their “strategic deficiencies” in countering terror-financing and money-laundering. The countries put on the grey/watch list by the Financial Action Task Force (FATF) will be subjected to direct monitoring and intense scrutiny by the International Co-operation Review Group (ICRG) on terror financing.
- dash (verb) – shatter, spoil, thwart, demolish, ruin (someone’s hopes).
- keep on (phrasal verb) – continue.
- eventually (adverb) – in the end, finally, at last.
- mark (noun) – target, purpose; required standard, norm, criterion.
- deficient (adjective) – lacking, inadequate, insufficient, poor.
- prosecute (verb) – take to court, bring an action against, accuse, charge.
- proscribed (adjective) – banned, prohibited, forbidden (by law).
- UN Security Council (UNSC) (noun) – it is one of the six principal organs of the United Nations, charged with ensuring international peace and security.
- money laundering (noun) – a secret act of moving illegally acquired funds into legal bank accounts or investments.
- counter (verb) – combat, confront, stand up to, put up a fight against, oppose, resist.
- convict (verb) – declare guilty, give a sentence.
- tip the balance (phrase) – be the deciding factor; make the critical difference.
- point out (phrasal verb) – identify, mention, indicate, draw attention to.
- delist (verb) – remove from a list.
- take off (phrasal verb) – remove, discard, shrug off.
- relist (verb) – add/include into a list again.
- lash out (phrasal verb) – criticize, castigate, censure, attack, condemn, denounce.
- lobbying (noun) – a group of people attempting to influence (the government / its official group/elected legislators) to create the actions, policies, or decisions to help a particular organization.
- continued (adjective) – continuous, ongoing, uninterrupted.
- stem from (phrasal verb) – originate from, arise/come from, emanate from.
- base (noun) – camp, post, headquarters (of the armed forces).
- pull-out (noun) – withdrawal, departure, retreat, exit/leave.
- hearing (noun) – trial, court case, inquiry.
- enable (verb) – allow, permit, equip, facilitate.
- prosecution (noun) – indictment, accusation, charge.
- associate (noun) – partner, colleague, supporter.
- conviction (noun) – pronouncement of guilt, sentence, judgement.
- a break from the past (phrase) – (of one’s behaviour) a radical/complete change.
- hold (verb) – rule, decide; have.
- charge (noun) – accusation, allegation, indictment.
- sticking point (noun) – obstacle, bone of contention; a problem or issue that makes you can’t move beyond and it stops all progress and you are stuck.
- compliance (noun) – conformity, observance, observation, accordance, adherence.
- make clear (phrase) – explain, clarify, elucidate.
- crack down on (phrasal verb) – get tough on, take severe measures against, clamp down on.
- comfort (noun) – ease, freedom from hardship, relaxation, relief, support.
- await (verb) – wait for, expect, anticipate, look/hope for.
- justifiably (adverb) – validly, legitimately, reasonably.
- hard line (noun) – uncompromising/strict commitment or compliance to a policy.
- overreach (noun) – an act of trying to do too much or overdoing something.
- Mutual Evaluation Report (noun) – The mutual evaluation report is an assessment of a country’s measures to combat money laundering and the financing of terrorism and proliferation (rapid growth) of weapons of mass destruction. This includes an assessment of a country’s actions to address the risks emanating from designated terrorists or terrorist organisations. The mutual evaluation report is without prejudice (partiality) to the status or justification that led to the designation of an entity as a terrorist or terrorist group or organisation.
- pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
- AML/CFT regime (noun) – Anti-Money Laundering/Combating the Financing of Terrorism system.
- right-wing (adjective) – conservative, rightist, ultra-right, alt-right.
- extreme right-wing terrorism (ERW) (noun) – The Financial Action Task Force (FATF) finalised a report on the funding behind ethnically or racially motivated terrorism, also referred to as extreme right-wing terrorism (ERW).
- scrutiny (noun) – examination, inspection, investigation.