Pakistan Revenue
Paris: The Financial Action Task Force (FATF), the preeminent global body overseeing anti-money laundering and countering the financing of terrorism (AML/CFT) efforts, concluded its fifth Plenary under the Singaporean presidency with significant strides in strengthening international frameworks.
Continue Reading
PARIS, France: The Financial Action Task Force (FATF) concluded its third plenary under the Singaporean presidency, showcasing progress in combating corruption, proposing a revised non-profit standard for public consultation, and addressing challenges in implementing the FATF standard on virtual assets.
Continue Reading
ISLAMABAD: The Federal Board of Revenue (FBR) has said that its efforts in preventing tax crimes helped Pakistan to exit grey list of Financial Action Task Force (FATF). Like many other governmental organizations, FBR has played a key role in completing the FATF action plans relating to DNFBPs, cash smuggling, investigating tax crimes for money […]
Continue Reading
Financial Action Task Force (FATF) on Friday decided to remove Pakistan from grey list after the country made compliance with the conditions. FATF is the world’s money laundering and terror-financing watchdog. It said that Pakistan has been removed from the grey list and is no longer subject to its increased monitoring process. The Paris-based inter-governmental […]
Continue Reading
Plenary meeting of the FATF ends on Friday and a decision regarding Pakistan, whether to remove from grey list or not, is expected to be announced. “We expect Pakistan to be taken off the grey list by the FATF amid the progress Pakistan has made so far against money laundering and terrorist financing (AML/CFT) in […]
Continue Reading
BERLIN: Pakistan will stay on the grey list despite making compliance to all the action plans set by the Financial Action Task Force (FATF). An onsite visit to Pakistan is required to verify the implementation of the country, a statement issued on Friday by the watchdog said. However, Pakistan has not been officially removed from […]
Continue Reading
ISLAMABAD: The Federal Board of Revenue (FBR) has vowed to continue its efforts to stop money laundering through real estate and precious metals and stones, including gold and jewellery. FBR Chairman Dr. Muhammad Ashfaq Ahmed that FBR will continue implementing the AML/CFT regulations in order to curb the menace of money laundering through real estate […]
Continue Reading
The Financial Action Task Force (FATF) on Thursday kept Pakistan in the grey list or increased monitoring list with an acknowledgment of completing almost all the action plans. Pakistan has been on the grey list for deficiencies in its counter-terror financing and anti-money laundering regimes since June 2018. Announcing the decision, FATF President Dr Marcus […]
Continue Reading
ISLAMABAD: Dr. Muhammad Ashfaq Ahmed, chairman of the Federal Board of Revenue (FBR) has apprised the real estate agents about the requirement of the Financial Action Task Force (FATF).
Continue Reading
ISLAMABAD – Pakistan has formally requested the Financial Action Task Force (FATF) to take immediate action against what it alleges to be India’s concerted efforts to politicize the international watchdog and influence decisions to place Pakistan on the grey list.
Continue Reading