NAB establishes AML/CFT cell

ISLAMABAD: National Accountability Bureau (NAB) on Thursday established Anti-Money Laundering (AML)/ Combating the Financing of Terrorism (CFT) cell at the bureau. Read more »

SBP warns public against sale, purchase of foreign exchange with illegal money exchanges

KARACHI: State Bank of Pakistan (SBP) has warned general public against dealing of sale and purchase of foreign currency with illegal money exchanges. The central bank in an information to general public... Read more »

Customs recovers Rs450 million illicit currency, arrests 30 percent in anti-money laundering drive

ISLAMABAD: Pakistan Customs (Operation) has taken vigorous actions to counter illicit movement of currency, which is the primary tool used for money laundering and moving proceeds of crime in and out of... Read more »

Informal donations prone to money laundering: SECP

KARACHI: Pakistan has been rated amongst most charitable nations in the world but most donations are routed informally which makes the whole exercise prone for terror financing and money laundering, Waseem Ahmad... Read more »

Bill to further empower FBR to tighten noose around undisclosed offshore assets

ISLAMABAD: Federal Board of Revenue (FBR) on Monday said that the proposals in the Finance Supplementary (Second Amendment) Bill, 2019 to further empower the revenue authority for tightening noose around undisclosed offshore... Read more »