Financial Crime Compliance | Training | Advisory
KUALA LUMPUR: The High Court today allowed the government’s application to forfeit RM32,962.87 from the Kelantan Umno liaison committee as it was proceeds from unlawful activities. Judicial commissioner Ahmad Shahrir Mohd Salleh said the Malaysian Anti-Corru…
PHOTO: FATF ISLAMABAD: As Pakistan and Asia-Pacific Joint Group of the Financial Action Task Forces meeting ends in Beijing, Islamabad hopes to acquire the Unites States cooperation in next months plenary aimed at avoiding any further adverse action by the …
New Delhi (Sputnik): Pakistan is expected to be taken off the Financial Action Task Force (FATF) grey list, as major powers including the US, UK, France, Germany, and even Japan appear to be in favour of Islamabad, due to the changing geopolitical equation i…
Foreign Minister Shah Mahmood Qureshi. PHOTO: FILE Foreign Minister Shah Mahmood Qureshi on Friday said that Pakistan should, in principle, be taken off the grey list of the Financial Action Task Force (FATF), as Islamabad had made considerable progress on …
The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. On Jan. 22 and Jan. 23, proceedings continued with arguments presented by As…
Pakistan rejected US criticism of the USD 60 billion CPEC under China’s ambitious Belt and Road Initiative (BRI), saying the project has helped the cash-strapped country to “fill the gaps” in energy, infrastructure, industrialisation and job creation. Senior…
COPENHAGEN (Reuters) – Reports of suspicious transactions submitted by banks and betting firms to authorities in Denmark have increased tenfold in recent years, according to documents seen by Reuters, applying pressure on an already stretched anti-money laund…
BEIJING: China, which hosted a key meeting of the international terror financing watchdog in Beijing, said on Thursday that Pakistan has made “visible progress” to strengthen its counter terrorism financing system, which should be encouraged by the world comm…
VATICAN CITY (Reuters) – The Vatican has been fully re-admitted to the Egmont Group of world financial intelligence units after a suspension two months ago sparked by an investigation into the purchase of luxury London real estate. Carmelo Barbagallo, presi…
NEW DELHI: Pakistan has taken satisfactory steps against terror groups, the Financial Action Task Force has said, according to diplomatic sources. The FATF at its 3-day review meeting in Beijing evaluated Pakistan’s compliance efforts vis-à-vis money launderi…
