Tag: #GreyList
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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…
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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.…
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Non-partisanship of FATF questionable after confession of Indian influence
This opinion article has been shared by Muhammad Mustansar. The Foreign Minister of India, S. Jaishankar, finally divulged that the Narendra Modi government made efforts to keep Pakistan in the grey list of FATF. This acknowledgment by the Indian External Affairs Minister proves that the FATF (Financial Action Task Force) is doing political farce under…
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EU appreciates Pakistan’s commitment to continue the engagement with FATF to address all remaining issues
This opinion article has been shared by Muhammad Mustansar. Pakistan has made progress in countering terror financing and money laundering. The Asia Pacific Group (APG) on Laundering has improved Pakistan’s rating on 21 of the 40 technical recommendations of the Financial Action Task Force (FATF) against money laundering and terror financing. The Asia Pacific Group…
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Britain stops welfare funding to Pakistan, imposes sanctions
Lahore, 3rd May: The United Kingdom will impose restrictions on remittances to Pakistan. According to reports, after restrictions from the UK, welfare funds have stopped. Remittances from the United Kingdom to Pakistan are 1.7 billion a month. The spokesman from the State bank of Pakistan (SBP) said, “We are not on the gray list. The…
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FATF: Is Pakistan out of grey list yet?
Lahore, 23rd October: Pakistan is still not out of the grey list, but forced the FATF to investigate money laundering against India. Baaghi TV: According to reports, the possibility of being blacklisted by the Financial Action Task Force (FATF) has been ruled out. According to sources, Pakistan has completed homework on money laundering and terror…
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Indian propaganda against FATF in Pakistan
Lahore, 12th October: The Indian media has started spreading negative news about the FATF stating that Pakistan got no relief at the Financial Action Task Force (FATF). Indian media has already started spreading the propaganda that FATF will still keep Pakistan on the grey list and more things will be observed while keeping it on…
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Upcoming FATF Review to Go Well for Pakistan: Chinese Ambassador
The Chinese Ambassador says that the upcoming FATF review will go well for Pakistan.
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Senate Passes FATF Related Bill after Committee’s Report
The Senate has passed an FATF related bill after the committee’s report.
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NA Passes Five Government Bills Related to FATF
The national assembly has passed five bills by the government relating to FATF.