FATF gives Pakistan four months to comply with action plan

Oct 18

Finance

FATF gives Pakistan four months to comply with action plan

ISLAMABAD: Financial Action Task Force (FATF) on Friday set a deadline of four months for Pakistan to improve action plan against laundering and terror financing. At a press conference in Paris, France the officials of FATF expressed concerns over implementation of action plan by the Pakistani authorities. FATF strongly urged Pakistan to swiftly complete its […]

by Mrs. Anjum Shahnawaz

FATF APG issues evaluation report on Pakistan

Oct 7

Finance

FATF APG issues evaluation report on Pakistan

KARACHI: Asia Pacific Group (APG) of Financial Action Task Force (FATF) on money laundering has released its mutual evaluation report on October 02, 2019, where the group has discussed measures in place in Pakistan during onsite visit conducted in October 2018. Analysts at Topline Research said that according to recently released report by APG, out […]

by Mrs. Anjum Shahnawaz

FATC Cell established at FBR Chairman office

Sep 25

Taxation

FATC Cell established at FBR Chairman office

ISLAMABAD: A cell of Financial Action Task Force (FATF) has been established at the office of Chairman, Federal Board of Revenue (FBR) Headquarter, Islamabad to ensure timely completion of FATF related issues, a notification said on Wednesday. The FATF CELL will serve as focal point for all activities related to FBR’s compliance to FATF issues. […]

by Mrs. Anjum Shahnawaz

Aug 16

Taxation

FBR posts six IR officials to FATF Cell

ISLAMABAD: Federal Board of Revenue (FBR) has appointed six officials of Inland Revenue to Financial Action Task Force (FATF) Cell. The FATF cell will be headed by Ijlal Khattak, Director (Headquarters) and other members are included: Zahid Bhatti, Additional Director (HQ); Sarwar Habib Malik, Deputy Director-I; Rizwan Shahzad, Senior Auditor; Yasir Shah, IIR; and Muhammad […]

by Mrs. Anjum Shahnawaz

Hafeez Shaikh briefs US treasury officials on FATF action plan implementation

Aug 6

Finance

Hafeez Shaikh briefs US treasury officials on FATF action plan implementation

ISLAMABAD: A US delegation led by Ambassador Alice G. Wells, Acting Assistant Secretary of State for the Bureau of South and Central Asian Affairs, along with the US Treasury officials comprising Scott Rembrandt, Deputy Assistant Secretary, Grant Vickers, David Galbraith and others held a meeting with Abdul Hafeez Shaikh, Adviser to the Prime Minister on […]

by Mrs. Anjum Shahnawaz

Jul 25

Taxation

FBR establishes FATF cell

The Federal Board of Revenue (FBR) has established a dedicated cell to oversee compliance with actions mandated by the Financial Action Task Force (FATF).

by Mrs. Anjum Shahnawaz

Meeting reviews progress on FATF Action Plan

May 6

Finance

Meeting reviews progress on FATF Action Plan

ISLAMABAD: Dr. Abdul Hafeez Shaikh, Adviser to Prime Minister on Finance, Revenue and Economic Affairs on Monday chaired a meeting to review progress on Financial Action Task Force (FATF) Action Plan. The Secretary Finance updated all the key stakeholders on the critical nature of the meeting, serious challenges at hand and top priority that is […]

by Faisal Shahnawaz

FATF advises Pakistan to continue on action plan implementation

Feb 22

National

FATF advises Pakistan to continue on action plan implementation

ISLAMABAD: Financial Action Task Force (FATF) in its plenary meeting on Friday advised Pakistan to continue to work on implementing its action plan to address its strategic deficiencies. The meetings of Financial Action Task Force (FATF) took place at OECD, Paris from February 17-22, 2019 to review the compliance of a number of countries with […]

by Faisal Shahnawaz