Tag: Financial Action Task Force (FATF)
Pakistan to remain on FATF grey list till Feb 2020
--Watchdog says country has made major progress on only five of 27 action items
--Finance Ministry says Pakistan informed FATF about its political commitment to...
Finance Ministry rejects Indian media reports of FATF blacklisting Pakistan
ISLAMABAD: The Ministry of Finance on Friday rejected Indian media reports stating that Pakistan has been blacklisted by the Asia-Pacific Group (APG) of the Financial Action...
Outgoing FATF chief ‘hints’ at blacklisting Pakistan
Outgoing Financial Action Task Force (FATF) President Marshall Billingslea has hinted about the possibility to blacklisting Pakistan after the international financial watchdog’s meeting in...
FATF tells Pakistan to implement action plan till May
--Pakistan told to address strategic counter-terror financing deficiencies if it wishes to be de-listed from grey list
--FATF asks Pakistan to act against facilities, services owned...
Finance ministry developing FATF-compliant proposals
---The Asia Pacific Group (APG) has reportedly identified loopholes in real-estate brokerages where large business transactions have remained outside the ambit of legal records.
ISLAMABAD:...
Asia Pacific Group says Pakistan needs to ‘do more’ to get...
A delegation of the Asia Pacific Group (APG) has asked Pakistan to take measures in order to be removed from the Financial Action Task...
SC allows Jamaatud Dawa to run charity operations
ISLAMABAD: The Supreme Court (SC) on Wednesday rejected the federal government's appeal against a Lahore High Court (LHC) order allowing the Jamaatud Dawa (JuD) and Falah-e-Insaniat Foundation (FIF)...
Pak needs to take more steps to curb terror financing, says...
ISLAMABAD: World Bank (WB) Country Director (CD) Patchamuthu Illangovan said that Pakistan needs to take further steps to curb terror financing and stop money laundering...
Unable to develop important report for FATF, says NACTA
The National Counter Terrorism Authority (NACTA) has not prepared the important National Risk Assessment report despite the fact that an Asia Pacific Group (APG)...
Ordinance to address FATF concerns lapses in absence of NA
ISLAMABAD: In the absence of the National Assembly (NA), the Anti-Terrorism (Amendment) Ordinance, 2018 which provided for domestically proscribing individuals and entities listed by the United...
FATF expresses concerns over terror financing via mobile wallets
ISLAMABAD: The country has been unable to effectively regulate mobile wallet accounts as the Financial Action Task Force (FATF) has expressed concern over alleged violations of the...
‘Surgical strikes’ being carried out internally against country’s stability: Ahsan Iqbal
LAHORE: Interior Minister Ahsan Iqbal speaking to journalists on Saturday stated that Pakistan was facing conspiracies and the country’s enemies were working overtime to...
Pakistan not on FATF grey-list
FATF spokesperson says organisation not responsible for media reports pertaining to Pakistan's inclusion to the list
List includes Ethiopia, Iraq, Serbia, Sri Lanka,...
Miftah Ismail to plead Pakistan’s case in FATF meeting: report
ISLAMABAD: Pakistan has sent Adviser to Prime Minister on Finance Dr Miftah Ismail to plead its case at the ongoing session of the Financial...
