FATF

JS Bank president says tightening of the monitoring regime is good for banking industry

So is it Naya Pakistan? The straight answer is that it is far too soon to say

Imran also reviews progress on TAPI, Pak-Iran gas pipeline projects  

Institutionalise mechanism to retrieve money stashed abroad being worked out

Directive is aimed at addressing FATF’s concerns over terrorism financing

Says Pakistani authorities should be given full opportunity to provide necessary materials, reports

Warns militant groups can criminally abuse financial system

APG calls for giving offence monitoring powers to SECP, NAB

There is unanimity of views among all pillars of the state that we need to get out of this mess

Pakistan needs to comply with a 26-point FATF action plan to get off the task force’s ‘grey list’

National Counter Terrorism Authority has declined responsibility for the compilation of the National Risk Assessment

NACTA, FIA to prepare risk assessment report ahead of a visit by Asia Pacific Group

FIA also shies away from preparing National Risk Assessment report

Years and years of failed policies have started the onset of looming travel restrictions on Pakistani nationals

Lacunae exist as AML, CFT regulations do not apply to Level-0 and Level-1 accounts

In 2001, Pakistan had strongly advised the Americans to negotiate with the Taliban instead of attacking

Action to address concerns about currency smuggling by terror groups

Our major weakness lies iso implementing rules and regulations on ground by the government itself

Economy is already vulnerable and foreign investors are unwilling to invest

NSC briefed on deteriorating macroeconomic indicators

Grey list comprises countries or territories that are considered ‘non-cooperative’ in controlling terrorist...

Irrespective of anomalies, government cannot absolve itself of the responsibility of creating embarrassment

PTI's spokesperson reiterates that KP and Fata's merger shall be completed

Some of our follies have not helped our cause

ASWJ chief and members of other proscribed organisations will present themselves as candidates for upcoming elections

By Thursday morning Pakistan was on the Financial Action Task Force grey list following a plenary meeting in Paris

Global financial watchdog is likely to formally announce its decision on Friday

Says Pakistan will implement action plan negotiated with FATF to address concerns of international community

FATF has the potential to take action against Pakistan for failing to do enough to prevent the financing of terrorism

Plan envisages choking financing of terrorist groups such as Da’ish, Haqqani network

Decision to be taken after six-day meeting

New regulations mandatory for Pakistan as member of Asia Pacific group on money laundering

The Afghan Taliban have for the first time declared an Eid ceasefire and so has the Afghan government

Plan to be reviewed by FATF in its plenary meeting from June 24 to June 29

The Action Plan? Years too late

At $10.79b, they now cover less than two and a half months of imports

Amendments to customs act to meet FATF requirement

FATF evaluation follows similar series of processes requiring roughly a year

There has been a lapse of spatial awareness regarding the recently announced ‘radical reform package’

Replicates National Accountability Ordinance 1999 definition; Sharif, Zardari to become ineligible to use the scheme

Global body writes letter to Pakistan, says scheme may affect global fight against terror financing

The coming months will see further increases in pressure from the American side

It is a tragic but not entirely unexpected move to suspend the probe against 270 influential people

Police say action against Hafiz Saeed’s organisation taken on federal govt’s instructions

Admits government does not have funds to clear all power sector liabilities, but will clear Rs140b within two weeks

Tao Zhang also acknowledges that the structural financial reform agenda of Pakistan remains incomplete

Says EU extended GSP Plus after admitting that Islamabad took steps to eliminate terror financing

Whilst the ship is listing it is not sinking. The near-term outlook for growth is generally favourable

How are we going to deal with these major anomalies and weaknesses?

Says country’s ‘medium-term’ debt repayment capacity has also weakened