Foreign Minister Shah Mehmood Qureshi Monday asked India not to delay the opening of Kartarpur Corridor and settle all differences through bilateral talks. Addressing a press conference along with Punjab Governor Chaudhry Sarwar here at the Governor House, he said despite tensions with India in the wake of Pulwama incident, Pakistan participated in talks on […]
FATF
Pakistan’s compliance with global commitments unsatisfactory to APG delegation
ISLAMABAD: The Asia-Pacific Group (APG) — a regional affiliate of the Financial Action Task Force (FATF) — has expressed dissatisfaction over Pakistan’s inadequate compliance with global commitments against terror financing. After three-day mutual evaluation, APG pointed out conflicting situations and poor coordination among stakeholders to curb money laundering and terror financing. Although no official statement […]
Sustained effort required
The Financial Action Task Force (FATF) affiliated Asia Pacific Group (APG) seems unimpressed by Pakistan’s recent efforts to crack down on militant groups, citing insufficient actions on the ground against proscribed organisations (POs) to block flow of funds and activities. The press has been told that though the government seemed to have all of its paperwork […]
Pakistan briefs FATF on anti-money laundering efforts
The Pakistani authorities on Tuesday briefed a delegation of the Financial Action Task Force (FATF) on laws against money laundering and its regulations in Islamabad. The FATF delegation is currently in Pakistan to evaluate the measures taken to curb terror financing and money laundering in the country. The visiting delegation also presented its report on […]
FATF or Sword of Damocles
December 16, 2014 was one of the darkest days in our history secondly only to fall of Dhaka. On this day, 150 including school going children of Army Public School were mowed down by terrorists in cold blood. Though draconian action was promised, and punishment guaranteed through a National Action Plan. It has been three […]
Prime Minister, COAS discuss national security matters
ISLAMABAD: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Wednesday called on Prime Minister Imran Khan at Prime Minister’s House and discussed national security of the country. During the meeting, both the leaders discussed national security of the country among other affairs. Besides national security, COAS and Prime Minister also discussed professional affairs […]
FATF to reach Pakistan for final negotiations
ISLAMABAD: The Financial Action Task Force (FATF) Asia-Pacific team will reach Pakistan tonight (Sunday) in Islamabad where final negotiations between government of Pakistan and FATF would begin tomorrow (Monday). According to the details the FATF team will meet the officials of ministry of finance and interior, the financial monitoring unit and state bank during its […]
PML-N playing ‘controversial’ narrative ahead of elections: Fawad Chaudhry
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) spokesperson Fawad Chaudhry on Monday claimed that Pakistan Muslim League-Nawaz (PML-N) is trying to make the upcoming elections controversial. Chaudhry while addressing a press conference accused PML-N of playing the ‘controversy card’ ahead of the elections. PTI leader expressed concern over PML-N Quaid’s recent remarks and statements. Chaudhry claimed that the […]
Diplomatic efforts falter as FATF places Pakistan on dreaded ‘grey list’
The Financial Assistance Task Force (FATF) announced Wednesday that it had decided to place Pakistan on its dreaded ‘grey list’. The announcement follows a preliminary meeting the financial watchdog held in the French capital, Paris on Wednesday. Reports coming in earlier from Paris had claimed that the FATF would give Pakistan more time to abide […]
Pakistan will be placed on FATF watch list in June, confirms FO
ISLAMABAD: The Foreign Office (FO) has confirmed that Pakistan would be placed on the global terror financing watch-list of the Financial Action Task Force (FATF) in June this year. Pakistan is going back on the FATF ‘s “grey list” as the United States has persuaded China and Saudi Arabia to drop support in favour of […]