The court in Lahore indicted Saeed and four his accomplices with financing terrorist activities in various cities of the Punjab province. The filing of charges was due on Saturday but was delayed because one of the suspects could not be present at court.
Sae…
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Mumbai 26/11 attack mastermind Hafiz Saeed officially charged with terrorist-financing in Pakistan
FATF’s another 150 questions for Pakistan
Topics Covered: Effect of policies and politics of developed and developing countries on Indias interests, Indian diaspora.
FATFs another 150 questions for Pakistan
What to study?
For Prelims: FATF, Grey list, Dark Grey list, G7, About APG.
For Mains: Wha…
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FATF blacklisting may affect Pakistan#39;s capital inflows: IMF report
The potential blacklisting of Pakistan by the Paris-based Financial Action Task Force (FATF) could have implications for capital inflows to the country, according to a report released by the IMF.
The FATF, a global watchdog for terror financing, that kept Pa…
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Countering terror-financing: bottlenecks
Representational Image: PHOTO: FILE
Combating money laundering and terror financing has assumed greater importance as elements and gauging factors in international relations. The Financial Action Task Force (FATF), an inter-governmental organisation founded…
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‘Anonymity Vouchers’ Could Bring Limited Privacy to CBDCs: ECB Report
The European Central Bank (ECB) is thinking through the logistics of a hypothetical central bank digital currency (CBDC).
Revealed Tuesday in an ECB report, Europe’s central bankers have developed an anonymity voucher to give prospective CBDC users limited p…
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Ex-KL City Hall dep director charged with laundering RM276k to buy cows
IPOH: A former Kuala Lumpur City Hall deputy director pleaded not guilty to three counts of money laundering totalling RM276,400 for the purchase of 109 cows last year.
Sabudin Mohd Salleh, 58, was charged before Sessions Court Judge S. Indera Nehru.
Accord…
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Paraguay audits crypto to develop regulation to comply with FATF
Paraguay is taking a closer look at its crypto industry in light of the Financial Action Task Force’s (FATF) guidance on virtual asset service providers (VASPs). The country’s head of anti-money laundering (AML) efforts announced a nationwide audit last week …
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Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator
The Swiss Financial Market Supervisory Authority (FINMA) warned the country that Switzerland is particularly prone to money laundering risks for reasons including the use of blockchain technology.
In its first-ever yearly risk monitor report — published by F…
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EU’s Fifth Anti-Money Laundering Directive: what the crypto-asset sector needs to know
The EU’s Fifth Anti-Money Laundering Directive (5AMLD) will subject certain participants in the crypto-asset sector to regulation for anti-money
laundering (AML) and counter-terrorism financing (CTF) compliance purposes. While it most crypto-asset companies…
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Pakistan’s progress against money laundering acknowledged: Baqir
KARACHI: The Financial Action Task Force (FATF) and the International Monetary Fund (IMF) have praised Pakistan for making key progress against money laundering which is crucial for the country as it seeks to come out of the grey list, said the State Bank Gov…
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