Tag: #FATF
-
Extradition to Pakistan: Challenges, Processes, and Implications
The article is written by Dr. Malik P.hD and Irfan Malik LLB. Introduction Extradition plays an important role regarding international laws and allows different countries to work together to arrest criminals who have crossed borders (Gilbert, 2022). This function ensures that no person is able to escape punishment or trial by simply moving to a…
-
FATF Plenary, held from October 25 to 27, 2023, Concludes
The FATF Plenary, held from October 25 to 27, 2023, concluded with significant outcomes, even though it received limited attention in Pakistan due to the prevailing political landscape in the country. Over the course of three days, delegates meticulously addressed a comprehensive agenda focused on critical issues related to money laundering, terrorism financing, and proliferation…
-
FATF decision was influenced by ‘powerful nations’: Tarin
DUBAI: Minister of Finance and Revenue, Shaukat Tarin on Saturday said that Financial Action Task Force’s (FATF) decision to retain Pakistan on grey list is “politically motivated”, as reported by Khaleej Times. In an interview with the Middle East publication, Tarin said, “FATF’s decision was taken under the influence of some powerful nations to pressurise…
-
UAE added to FATF grey list for money laundering
DUBAI: The Financial Action Task Force (FATF) while retaining Pakistan on the ‘grey list’ adds UAE (United Arab Emirates) to the money laundering watch list. According to Reuters, the FATF also known as Groupe d’action financière on Friday said that the Middle East business hub in the UAE has been included in the grey list…
-
FATF once again retains Pakistan on grey list
PARIS: The Financial Action Task Force (FATF) on Friday announced that is retaining Pakistan on the grey list while noting that “significant progress” has been made in completing the required action items for removal of the list. The FATF has been holding a virtual session in Paris since March 1 that concluded on March 4.…
-
Will be removed from FATF’s gray list in next meeting: Finance Minister
ISLAMABAD: Finance Minister Shaukat Tarin has expressed hope that Pakistan will be removed from the gray list, at the next FATF review meeting. Informing the Senate about the current situation of Pakistan in the FATF gray list, Finance Minister Shaukat Tarin said that 27 out of 28 conditions have been met. Countries that have taken…
-
FATF: Pakistan’s name to be in the Gray List
The Financial Action Task Force (FATF) has decided to keep Pakistan on the gray list till the next session; a three day meeting was held to come the decision. Sources have reported, Pakistan has been on the FATF’s gray list since 2018 due to shortcomings in counter-terrorism funding and anti-money laundering. It announced after a three-day…
-
FATF to review Pakistan’s compliance report today
Decision on exit from grey list expected today as FATF to review Pakistan’s 100% compliance on 27 points report today
-
France’s support to terror group exposed even as they worked against Pakistan in FATF
The duplicity of France was exposed with disclosure of official documents revealing that country’s cement giant Lafarge had been financing the ISIS in Syria
-
India’s continued Water Terrorism against Pakistan
At the onset of monsoon rains, there have always been fears of flood in the country. Indian administration starts conspiracies to release water in Pakistan by diverting the river courses during the rainy season which leads to the release of too much water and causes destruction. According to media reports, the Chenab River had faced…