Nepal is at real risk of being put on the greylist by the Financial Action Task Force (FATF) as there are deficiencies in both its legislation and enforcement of laws related to money laundering and terror financing, writes Prithvi Man Shrestha in The Kathmandu Post.
January 3, 2023Pakistan's leaders have found it fit to play petty politics with 'arch enemy' India even as their country is hit by a natural calamity of unprecedented magnitude. Heavy monsoon rain, induced by climate change, has devastated nearly a third of the country. Millions are marooned and are struggling to find food, shelter and medicines.
September 3, 2022Islamabad is buzzing with the impending news of Pakistan’s likely removal from the “grey list” of the Financial Action Task Force (FATF), the global body which combats terror financing.
June 21, 2022The development came late Friday when FATF President Marcus Pleyer announced conclusion of the four-day plenary session in Berlin and announced approval of Pakistan's performance report, adding that an onsite visit would be done before a formal announcement.
June 18, 2022Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the FATF Ministerial Meeting in Washington D.C. on 21st April 2022, conducted along-side the 2022 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF).
April 22, 2022Pakistan is the only country in the world that hosts thousands of terrorists, run terrorist training camps for global jihadis
October 1, 2021Pakistan was retained on the grey list as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups.
June 26, 2021These will include goods at godowns, maalkhanas or any other place and will be confiscated.
May 15, 2021The report findings come at a time when Pakistan's progress on actions taken to comply with FATF's global standards to curb money laundering and terror financing, are going to be reviewed at the plenary meeting of the FATF in Paris.
February 26, 2021This is a requirement of FATF (Financial Action Task Force) Dealers in Precious Metals and Precious Stones (DPMS) to carry out KYC and Customer Due Diligence only when they conduct such big cash transactions.
January 9, 2021The Pakistan government has released a statement on Sunday over the media reports which claimed Dawood to be sheltered in the country by terming such reports as ‘baseless and misleading’.
August 23, 2020It has released a list of 88 banned terror groups as part of its efforts to wriggle out of tough financial sanctions.
August 22, 2020US President and Prime Minister Narendra Modi were able to convey a robust message to the west of the Radcliffe Line, thanks largely to their personal chemistry.
February 28, 2020The signal from the Paris conference of the Financial Action Task Force (FATF) is a fairly robust indictment of Islamabad’s game of playing footsie with terrorists.
February 24, 2020Donald Trump and First Lady Melania Trump will lead a 12-member American delegation to Ahmedabad, Agra and New Delhi on February 24 and 25.
February 22, 2020The FATF in October last decided to keep Pakistan on its 'Grey' list for failure to curb funnelling of funds to terror groups Lashkar-e-Taiba, Jaish-e-Mohammed and others.
February 21, 2020The plenary session of FATF will be held in Paris on Friday.
February 19, 2020