Federal Minister for the Pakistan Railways Sheikh Rashid Ahmed has criticized opposition that the opposition has been exposed through Financial Action Task Force (FATF) issue. In a recent address to media after inaugurating a new building of the women’s college in Rawalpindi, Sheikh Rasheed said that the government has not faced defeat regarding the FATF … Read more
The Joint Session of Parliament has approved the Mutual Legal Assistance Amendment Bill 2020. According to details, the joint sitting of the parliament approved the Mutual Legal Assistance Amendment Bill 2020 while the bill was approved by a majority vote. [embedpost id=”50366″ slug=”chairman-senate-telephones-speaker-grand-national-assembly-of-turkey`”] Thirteen of the 26 clauses of the Mutual Legal Assistance Bill were … Read more
Prime Minister Imran Khan warned that no National Reconciliation Ordinance (NRO) would be given in return for the legislation. He said that the legislation regarding fulfilling requirements laid out by the Financial Action Task Force (FATF) was essential for the national interest. No NRO would be granted in return for it. PM Imran Khan said … Read more
Foreign Minister Shah Mehmood Qureshi has said that India is trying its best to push Pakistan into the blacklist while we have been trying our best to remove Pakistan from the gray list and add it to the white list. Foreign Minister Shah Mehmood Qureshi while giving a policy statement in the Senate session said … Read more
ISLAMABAD: The government has introduced a law against terrorist financiers in the light of FATF guidelines. According to details, efforts are being made by the federal government to remove Pakistan from the grey list for which the government has introduced amendments in the Anti-Terrorism Act and Penal Code of Pakistan. The government has introduced rules … Read more
Interior Adviser Shehzad Akbar said that some things were needed to be amended in the laws regarding FATF and that is why new legislation has been enacted. According to details, while giving a press conference, Interior Adviser Shehzad Akbar said that the reason why Pakistan was on the gray list before 2018 was because of … Read more
Prime Minister Imran Khan convened a meeting of the PTI and its allies’ parliamentary party tomorrow. According to the sources, a meeting of the parliamentary party chaired by Prime Minister Imran Khan will be held tomorrow at 2 pm. [embedpost id=”50366″ slug=”development-of-karachi-is-top-priority-pm-imran-khan”] The meeting will decide on the strategy for the joint sitting of Parliament. … Read more
The National Assembly passed the Anti-Terrorism Amendment Bill and the United Nations Security Council Act, Amendment Bill. The Speaker of the National Assembly called for a vote on two bills related to the FATF, the Anti-Terrorism (Amendment) Bill 2020 and the United Nations (Security Council) (Amendment) Bill 2020, which was passed by a majority. Both … Read more
Foreign Minister Shah Mehmood Qureshi has said that India wants to push Pakistan from the grey list of the Financial Action Task Force (FATF) to the blacklist. A meeting of the National Assembly was held under the chairmanship of Deputy Speaker Qasim Suri, in which Shah Mehmood Qureshi said that Pakistan was on the grey … Read more
Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh has said Pakistan as a reliable and responsible member of the international community maintains to ensure the earliest fulfillment of the Financial Action Task Force Action Plan by increasing the effectiveness of its Anti-Money Laundering and Combating the Finance of Terrorism Regime. … Read more
Leader of the House in the Senate, Syed Shibli Faraz expressed the hope that Pakistan would come out of Financial Action Task Force’s (FATF) grey list during its upcoming session, scheduled in June this year. According to the details, Shibli Faraz saidthe country’s already stabilized economy was now steadily moving towards growth, which is currently … Read more
Financial Action Task Force, the global anti-money laundering watchdog on Friday put Iran on its blacklist after Tehran failed to comply with international anti-terrorism funding norms. According to the details, FATF had given Iran a February deadline to approve antiterrorism legislation or remain on the blacklist FATF stated Iran will remain on the FATF statement … Read more
Chinese Ambassador Yao Jing and Adviser on Finance and Revenue Hafeez Sheikh have reviewed preparations of the upcoming visit of the Chinese President Xi Jinping. According to the details, Chinese Ambassador Yao Jing called on Hafeez Sheikh in Islamabad. During the meeting both the dignitaries discussed progress on China-Pakistan Economic Corridor and measures to enhance … Read more
China has rejected Indian media reports about any shift in China’s position and said that the Chinese side had always backed Pakistan at the Financial Action Task Force (FATF). Chinese Foreign Ministry Spokesperson Geng Shuang said during his online briefing “China’s position on the relevant issue remains unchanged.” Chinese official said Pakistan had made enormous … Read more
India’s intend of blacklisting Pakistan in Financial Action Task Force (FATF) have been shattered, Pakistan will likely to remain in a gray list. The negotiations between Pakistan and the FATF have been completed, the announcement will be made today, which suggests that Pakistan is likely to remain on the gray list until June. According to … Read more
Anti-Terrorism Court (ATC) has ordered to sale property of Afghan Taliban leader Mullah Akhter Mansoor in Karachi. According to the details, a number of plots, flats and other residential properties of Mullah Mansoor were disclosed in different areas of Karachi. The Federal Investigation Agency (FIA) said that Mullah Mansoor had made two fake ID cards … Read more
Ambassador of Netherlands to Pakistan Willem Wouter Plomp held a meeting with Speaker National Assembly Asad Qaiser in Islamabad. During the meeting, Netherlands envoy appreciated the steps taken by Pakistan to check money laundering and terror financing and also reaffirmed support to Pakistan at the Financial Action Task Force (FATF). The envoy said there is … Read more
A five-day plenary session of the Financial Action Task Force (FATF) will begin on Sunday (today) in Paris to assess Pakistan’s performance on the compliance of the 27 points to curb terror financing and money laundering would be reviewed. A delegation of Pakistan led by Minister for Economic Affairs, Hammad Azhar, has been in Paris … Read more
A Pakistani delegation, which will brief the Financial Action Task Force’s (FATF) Working Group, arrived in Beijing for talks regarding the country’s performance. According to the details, the delegation will brief the FATF working group in Beijing. The talks with the global money laundering watchdog scheduled to begin from January 21. Sources privy to the … Read more
Pakistan has strongly condemned Indian Chief of Defense Staff General Bipin Rawat’s remarks about “de-radicalization camps” for Kashmiri children and seeking to place Pakistan on FATF blacklist. In a statement issued today (Friday), Foreign Office Spokesperson Aisha Farooqui said Pakistan condemns the highly irresponsible remarks made by General Bipin Rawat, raising inter alia the usual … Read more
Pakistan has categorically rejected the reference to Pakistan in the Japan-India Joint Statement issued in New Delhi on 30th November, 2019. In a statement issued on Monday, Foreign Office Spokesperson Dr Mohammad Faisal said this reference is gratuitous and completely unwarranted. He said India’s animus towards Pakistan and its smear campaign in the context of … Read more
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with United Nations Office on Drugs and Crime (UNODC), conducted series of workshops for SECP regulated financial institutions to enhance understanding of the risk-based approach to prevent money laundering and terror financing. Over 500 professionals from Securities and Commodities markets, Insurance/Takaful companies, Non-Banking Finance Companies … Read more
Special Assistant to Prime Minister on Information and Broadcasting Dr. Firdous Ashiq Awan says admiration of the steps taken by incumbent government to counter money laundering and terrorism by the Financial Action Task Force is acknowledgement of our sincere efforts. In a series of tweets, she said Pakistan is determined to take more steps in … Read more
The Financial Action Task Force (FATF) meeting on Friday has decided to keep Pakistan on the grey list by February 2020. FATF’s President, during a press conference at Paris, said that Pakistan had taken positive steps to eliminate money laundering and terrorism. He said that Pakistan’s name will remain on the grey list so Pakistan … Read more
Foreign Office spokesman Dr. Muhammad Faisal has said that efforts by India to divert Pakistani rivers will be considered a reality and Pakistan reserves the right to respond. According to the details, at his weekly news briefing, Dr. Faisal reacted strongly to Indian Prime Minister Narendra Modi’s recent statement, threatening to stop the flow of … Read more
The meeting of Financial Action Task Force (FATF) is underway in Paris where Pakistan will submit its compliance report. Pakistan economic affairs minister Hammad will present the compliance report which suggest the Pakistan’s efforts to tackle terror-financing and money laundering. Officials of Securities & Exchange Commission of Pakistan (SECP), National Counter Terrorism Authority (NECTA), State … Read more
Foreign Minister Shah Mehmood Qureshi here on Monday said that India was trying to blacklist Pakistan in Financial Action Task Force (FATF). Talking to journalists, FM Qureshi said that Pakistan has mad sincere efforts to fulfill the requirements of FATF and hopped that the body will acknowledge the steps taken by Islamabad to improve counter … Read more
Pakistan submitted detailed answers to 125 questions posed by the Financial Action Task Force (FATF) on moves taken by it to strengthen anti-money laundering and combat financing of terrorism, as Islamabad seeks to move out of the FATF Greylist. The report was submitted by Pakistan’s Minister for Economic Affairs Hammad Azhar who is heading the … Read more
