Financial Crime Compliance | Training | Advisory
By: PTI | Islamabad | Published: December 22, 2019 3:51:32 pm The FATF last year placed Pakistan on the grey list of countries whose domestic laws are considered weak to tackle the challenges of money laundering and terrorism financing. (Representational I…
Pakistan is required to show effective implementation of targeted financial sanctions against all UN designated terrorists. (Representational Image)The global terror financing watchdog, Financial Action Task Force (FATF) has asked Pakistan more questions on t…
ISTANBUL (Reuters) – Turkish authorities must address shortcomings in tackling money laundering and terrorism financing or face being added to a “gray list” of countries with inadequate financial controls, according to a global money laundering watchdog. In …
ATHENS (Reuters) – Greece has toughened laws against bribery offences but more work is needed to restore the ability of its criminal justice system to counter corruption, Europe’s main rights watchdog said on Tuesday. In June, Greece downgraded bribery of p…
By: PTI | Lahore | Published: December 14, 2019 8:54:34 pm Hafiz Saeed’s indictment comes amidst growing international pressure on Pakistan to rein-in terror groups operating from its soil and bring to justice terror group leaders like Saeed. (File)An ant…
ISLAMABAD: Global watchdog for terror financing FATF has sought more clarifications and data from Pakistan on actions taken against madrassas belonging to proscribed outfits, after Islamabad submitted a report to it detailing steps taken by the government to …
NEW DELHI: Four days after an anti-terrorism court in Lahore failed to indict Hafiz Saeed, founder of both Lashkar-e-Taiba (LeT) and its supposedly humanitarian arm, Jamaat-ud-Dawa (JuD), following the failure of Pakistan’s law enforcement agencies to produce…
Britain’s Financial Conduct Authority (FCA) now monitors anti-money laundering (AML) and counter terrorist financing (CTF) for companies carrying out cryptocurrency-related activities. According to an official announcement published on Jan. 10, FCA will supe…
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 P…
By: Editorial | New Delhi | Updated: December 12, 2019 11:37:58 pm It is important for India that the FATF stays the course with Pakistan because it is the only body that has had a demonstrable effect on the countrys approach to terror groups based on its…
