The global money-laundering watchdog is set to decide Islamabad’s fate in ongoing Paris meeting. PHOTO: FATF
KARACHI: Riding on crucial support from Turkey, China, and Malaysia, Pakistan’s anxious eye is on an ongoing meeting of the Financial Action Task Fo…
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Pakistan eyes removal from FATF gray list
Pakistan stays in FATF’s terror ‘grey list’, gets 4 months to deliver on 8 points
Pakistan has been handed out an 8-point list by global watchdog FATF that Prime Minister Imran Khan’s government will have to deliver on within the next four months. The Paris-based Financial Action Task Force, which has retained Pakistan on its ‘grey list’, …
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Without Conviction
Hafiz Saeed, chief of the Jamaat-ud Dawa (JuD) a front for the Lashkar-e-taiba has been convicted in two cases. (File Photo)On February 12, Hafiz Saeed, chief of the Jamaat-ud Dawa (JuD) a front for the Lashkar-e-taiba was convicted in two cases and sentenced…
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Watchdog sanctions Iran over lax terror financing laws
Paris (AFP) – A multinational financial crimes watchdog on Friday faulted Iran for not doing enough to counter a “terrorist financing risk” and announced the reinstatement of punitive measures against the country.
In a statement issued after a meeting in Par…
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UAE regulator to investigate Pakistan bank for money laundering
DUBAI: The United Arab Emirates’ central bank is investigating Pakistan’s largest bank to ascertain if it violated anti-money- laundering and terrorism-financing laws, the regulator said on Wednesday.
The inquiry comes as Pakistan is under examination by a P…
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Iran’s Election Turns Back the Clock on Reconciliation With West
(Bloomberg) — The victory by hard-liners in Irans election puts parliament back in the hands of people determined to turn the clock back on reconciliation with the West. Expect a retreat from commitments to the hollowed-out nuclear deal as the Islamic Republ…
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US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran
Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more harm than …
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FATF meets to decide Pakistan’s fate
Islamabad makes significant progress in addressing global watchdogs concerns. PHOTO: FILE
ISLAMABAD: A crucial plenary meeting of the Financial Action Task Forces (FATF) kicked off in Paris on Sunday where it would be decided whether or not Pakistan had take…
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ANALYSIS: Iran teeters once again on the brink
Watching events in Iran over the past few days, one cannot escape the impression that the country is facing a modern-day Purim scenario whereby the country is imploding and is hit by a range of disasters.
It is not Israel that is threatened with annihilation…
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Counting Starts in Iran Election Likely Dominated by Hardliners
(Bloomberg) — Iranians voted Friday in an election thats expected to hand control of parliament to hard-line conservatives empowered by the countrys turbulent and economically damaging standoff with the U.S.
Voting ended at midnight and the counting of ball…
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