The Financial Action Task Force (FATF) announced on Friday that Pakistan will continue to remain on the watchdog’s “increased monitoring list”, also known as the grey list, till it addresses the single remaining item on the original action plan agreed to in June 2018 as well as all items on a parallel action plan handed […]
Foreign Minister Shah Mahmood Qureshi says that the Financial Action Task Force; (FATF) has no justification to keep Pakistan on its grey list. Also, he says that there is no justification to keep Pakistan on the grey list. Out of the 27 points given by FATF action plan; 26 have been complete & work is […]
The stock market was under pressure on Monday. The first trading day of the rollover week, with the benchmark KSE-100 index falling roughly 230 points. Additionally, it has observed that Bourse falls 226 points on FATF interests as well. The market was nervous ahead of the four-day Financial Action Task Force (FATF) plenary session. It […]
The Financial Action Task Force (FATF) has found that Pakistan has completed action. It has successfully complied with 21 out of 27 points of action. They decided to keep the country on its ‘grey list’ until February 2021, the watchdog’s president said on Friday. FATF President Marcus Pleyer announced the decision at a virtual press […]
Despite the government’s efforts to enhance digitization aimed at containing the undocumented economy and complying with the Financial Action Task Force (FATF) directives, the demand for currency notes in Pakistan is growing more than ever before. Security Papers Limited (SEPL), the company which produces paper for currency notes, recently posted the highest-ever profit after tax, […]
ISLAMABAD: Prime Minister Imran Khan, while addressing a joint sitting of the parliament on Wednesday, expressed sorrow and regret over the Lahore Motorway gang rape, and said the government was bringing legislation that not only protects women but also children. “Rape should be viewed as something that destroys lives. In our culture, families suffer and […]
The joint sitting of the Parliament on Wednesday passed “The Islamabad Capital Territory Waqf Properties Bill”, 2020 with majority bill According to the details, the joint session of the Parliament chaired by National Assembly Speaker Asad Qaiser approved the bill amid the protest of the opposition members who shouted slogans against the bill. The bill […]
