Page 5 - Fatf

FATF to open Pak's Pandora Papers leaks to stop terror finance networks

Financial Action Task Force (FATF) will open Pakistan's Pandora Papers leaks to reveal the nexus of the financial shenanigans

Frontier of warfare? Wrong to securitise civil society discourse

Creating suspicion about civil society undermines its robustness and contribution to nation building

Mauritius exits FATF grey list, Pakistan remains on the list

Mauritius was put on the list by FATF in February 2020, and that had a significant impact on its credibility as a prudent and compliant jurisdiction

Pakistan may remain on 'grey list' till FATF's next session: Report

Pakistan may remain on the 'grey list' of the FATF till the global money laundering and terror financing watchdog meets for its next session in April 2022, according to a media report on Tuesday. Paris-based Financial Action Task Force (FATF) will be in session for three days from October 19-21 and it is expected that Tuesday's session may be informed that Pakistan is still short of meeting the FATF criterion, according to a report in The News International reported from the French capital. The report, quoting sources in German media house Deutsche Welle, said the global body's decision on putting Pakistan off the 'grey list' may be taken in the next session slated for April 2022. The FATF in June retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of UN-designated terror groups, including Hafiz Saeed and Masood Azhar. It also asked Pakistan to work to

At G20 conference, FM bats for strengthening effectiveness of FATF, IMF

In the run up to assuming the G20 presidency in 2023, India is working towards identifying the "vacuum areas" in international policy coordination: Sitharaman

FATF review of India's anti-money laundering postponed to 2022 due to Covid

An evaluation by FATF to analyse effectiveness of India's anti-money laundering countering terrorist financing regime has been postponed for second time due to Covid pandemic, slated for next year

Pakistan establishes anti-money laundering cell to exit FATF's grey list

This is to check financial crimes and illegal transfer of resources as the country struggled to exit from the FATF's grey list.

Mauritius closer to exiting grey list as FATF sees progress on action plan

Inter-governmental body has now authorised its delegates to visit the island nation for an on-site inspection of the progress made

Foreign Minister says 'no room' to keep Pakistan on FATF's 'grey list'

Qureshi's comments came a day after the Financial Action Task Force (FATF), during its plenary meeting from June 21-25, retained Pakistan in its 'grey list'

In a setback, global watchdog retains Pakistan on FATF 'grey list'

Continuation on the 'grey list' for Pakistan means that it will not get any respite in trying to access finances in the form of investments and aid from international bodies

FATF regional group keeps Pakistan on its 'Enhanced Follow-up List'

A regional affiliate of the Financial Acton Task Force (FATF) asked the country to strengthen its implementation of anti-money laundering and combating terror financing measures

Mauritius rejigs special purpose fund regime to gain 'financial' edge

Will enable global investors to set up tax-exempt entities

Pakistan to introduce 'new' rules to meet FATF demands, says report

Pakistan was put on the grey list by the Paris-based FATF, the global watchdog for money laundering and terror financing in June 2018

Biden administration has ignored Pak's outreach for rapprochement: Report

The next FATF plenary review of Pakistan's status is due in June this year.

FATF to evaluate India's mechanism to deal with financial crimes this year

The FATF, the global body against money laundering and terror financing, is likely to carry out an evaluation of India's established mechanism to deal with such financial crimes later this year.

Peace and Pakistan

The besieged country looks for a breather

Pakistan needs legislation to meet 3 outstanding FATF benchmarks: Report

Pak will have to make further legislation on at least two counts to meet three outstanding benchmarks of the 27-point action plan of the global money laundering and terrorist financing watchdog FATF

Top headlines: Cayman grey tag may hurt FPI, Telcos bid in spectrum auction

India's market regulator suggested a "dual approval" process for the appointment and removal of independent directors. Read top stories with Business Standard

Cayman Islands' grey list tag may hurt FPI investments into India

FPIs from the region will face stricter KYC, may have to furnish updated ultimate beneficial ownership info for all investors holding over 10% in the fund as opposed to 25% now

Mauritius seeks India's help for early exit from FATF grey list

Mauritius on Monday sought India's support in facilitating an early exit from the FATF grey list to restore its international reputation