US official in city to discuss money-laundering, counterterrorism financing

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Deputy Assistant Secretary for the US Department of the Treasury, Luke Bronin arrived in the city on Monday to meet with his counterparts in the governmental and banking sectors. He discussed the importance of ensuring that adequate anti-money laundering and counter-terrorism financing controls are in place to stem the flow of funds to terrorist groups. Regulatory and economic issues affecting Pakistan-US relations and new US legislation on Iran were also discussed. The deputy assistant secretary’s visit to Pakistan is part of the ongoing dialogue between the US and Pakistani governments on a range of mutually important matters.