In a significant diplomatic development, India’s recent efforts to have Pakistan re-listed on the Financial Action Task Force (FATF) grey list have reportedly fallen short. This outcome comes after strong support for Pakistan from several key nations, including China, Turkey, and Japan, during the critical FATF meeting. The move highlights ongoing geopolitical dynamics surrounding international … Read more
The FATF meeting will be held in Berlin, Germany from June 14 to June 17 Pakistan is expected to be pulled off the Financial Action Task Force (FATF) grey list Pakistan has accomplished 32 out of 34 conditions of the FATF ISLAMABAD: On June 16, Pakistan is expected to be pulled off the Financial … Read more
A day after the Financial Action Task Force announced to retain Pakistan in the grey list despite meeting 26 out of 27 requirements, Foreign Minister Shah Mehmood Qureshi expressed ‘wonder’ over the decision. Questioning the decision, he stressed that out of 27 technical items of the FATF action plan Pakistan had already fulfilled 26 requirements … Read more
Foreign Minister Shah Mehmood Qureshi has said that after the implementation of 26 out of 27 points of the Financial Action Task Force (FATF) Action Plan, there is no justification for keeping Pakistan on the grey list. Referring to the FATF’s decision to keep Pakistan on the ‘grey list’, the Foreign Minister said that it … Read more
The Financial Action Task Force (FATF) has said that it recognizes Pakistan’s enhancement and efforts to address issues in its country’s action plan. That is combating the financing of terrorism and has encouraged it to continuous improvement and address as soon as possible “the one remaining CFT-related item”. Addressing a press conference after the June … Read more
Another condition of the Financial Action Task Force (FATF) has been met. The government decided to discontinue 15,000 and 7,500 bonds. According to the details, the federal government has decided to scrap 15,000 and 7,500 bonds. Investors have till June 2021 to cash 15,000 bonds. Fifteen thousand prize bonds will be considered trash from July … Read more
The government of Pakistan has decided to discontinue Rs25,000 Prize Bonds to meet financial action task force (FATF) requirements. Sources said that in the first phase, 25,000 prize bonds will be converted into prime bonds. In this regard, registration of prize bonds will start at the end of this month. According to sources, after 25,000, … Read more
Federal Minister for Industries and Production Hamad Azhar has said that Pakistan will soon be out of FATF grey list and a positive message will be sent to the world. According to the details, Federal Minister Hamad Azhar while talking to media said that the government is achieving two equal conditions of FATF. In the … Read more
