The reports of the ordinance being signed by Pakistan's President were also confirmed by the Pakistani National Counter-Terrorism Authority (NACTA).
The federal government on Wednesday issued a notification to take over the assets of the Jamaat-ud-Dawa and the Falah-i-Insaaniyat Foundation (FIF).
On Friday, February 9, the Ministry of Law and Justice announced that President of Pakistan Mamnoon Hussain amended the Anti-Terrorism Act 1997 via Ordinance No II of 2018 to proscribe entities banned by the United Nations (Security Council) Act 1948.
Hafiz Saeed's JuD was named as a "foreign terrorist organisation" by the US State Department in 2014, a designation that freezes assets the organisation has under the US jurisdiction.
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The spokesperson said that the FATF discussions were confidential and there would not be any publicly released information until any decision over the issue. The US and India are spearheading an effort to get Pakistan included in the watchdog's worldwide money-laundering and terror-financing "grey list".
The operations in Pakistan of Saeed's extensive network - which includes 300 seminaries and schools, hospitals, a publishing house and ambulance services - has been a particular concern of the United States.
Though Saeed is part of the United Nation's list of terrorists, he was, before the promulgation of the ordinance, not included in Pakistan-mandated list of terrorists.
The action against Saeed comes in the backdrop of a crucial plenary meet of an intergovernmental watchdog, scheduled to take place in Paris next week. During the upcoming FATF meeting, the report will be taken up and Pakistan's efforts towards eliminating funding for Hafiz Saeed and other groups will be evaluated.
A UNSC 1267 sanctions committee's monitoring team visited Pakistan in January to review the compliance, but analysts fear that the FATF review could be tougher for the country. Arriving on the list would surge the cost of doing global business and getting involved in cross-border transactions for Pakistan. Last time that Pakistan was placed on the grey list was in 2012 where it stayed for three years. In December, Pakistan's government drew up plans to seize control of Saeed's Jamaat-ud-Dawa (JuD) and the Falah-e-Insaniat Foundation charities.