Pakistan fulfills important condition of FATF, IMF
ISLAMABAD: The government of Pakistan on Thursday fulfilled an important condition of International Monetary Fund… Read More
1 year ago
FATF
The Financial Action Task Force (FATF), is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
In 2001 its mandate expanded to include terrorism financing. It monitors progress in implementing the FATF Recommendations through “peer reviews” of member countries. The FATF Secretariat is housed at the OECD headquarters in Paris.
The objectives of the Financial Action Task Force are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The FATF is therefore a “policy-making body” which works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
Bilawal applauds MoFA role in Pakistan’s exit from FATF grey list
ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari applauded the Ministry of Foreign Affairs role in Pakistan's… Read More
1 year ago
FATF adds South Africa to ‘grey list’
International financial crime watchdog the Financial Action Task Force (FATF) on Friday added South Africa… Read More
2 years ago
UK removes Pakistan from ‘High Risk Third Countries’ list
ISLAMABAD: In recognition of Islamabad’s progress to improve money laundering and terrorist financing controls, the… Read More
2 years ago
China welcomes FATF decision of removing Pakistan from its grey list
BEIJING: China has welcomed the decision of the Financial Action Task Force to remove Pakistan… Read More
2 years ago
Pakistan’s exit from grey list: Business community sees promising economic future
ISLAMABAD: Following Pakistan’s exit from Financial Action Task Force’s (FATF) grey list, the business community… Read More
2 years ago
‘Army Chief Qamar Javed Bajwa is a national hero’
Chief Minister Punjab Chaudhry Pervaiz Elahi has said that credit for Pakistan's removal from the… Read More
2 years ago
PM Shehbaz Sharif says Pakistan’s exit from FATF grey list was collective effort
ISLAMABAD: Prime Minister Shehbaz Sharif has congratulated Pakistan on its exit from the Financial Action… Read More
2 years ago
FATF removes Pakistan from its grey list
The Financial Action Task Force (FATF) has announced the removal of Pakistan from its grey… Read More
2 years ago
Pakistan likely to exit FATF grey list today
ISLAMABAD: Pakistan is expected to finally exit the grey list of the Financial Action Task… Read More
2 years ago
Dar says curbing Inflation, improving reserves are utmost priority
Finance Minister Ishaq Dar has said that the federal government's foremost priority is to curb… Read More
2 years ago
Hina Rabbani Khar reaches Paris for FATF meeting
State Minister for Foreign Affairs Hina Rabbani Khar has reached Paris to attend a meeting… Read More
2 years ago
Pakistan likely to exit FATF grey list this week: sources
The Financial Action Task Force (FATF) will meet on Friday, October 20, to decide Pakistan's… Read More
2 years ago
Pakistan terms FATF team’s visit ‘smooth, successful’
ISLAMABAD: Pakistan on Wednesday said that a recent visit of the Financial Action Task Force… Read More
2 years ago
PM vows to enhance provincial role in anti-terror combat
LAHORE: Prime Minister Shehbaz Sharif has vowed to enhance provincial role in anti-terror combat through… Read More
2 years ago
‘Concerted national efforts’ behind FATF’s grey list decision: Bilawal Bhutto
ISLAMABAD: Foreign Minister Bilawal Bhutto on Sunday welcome FATF’s unanimous acknowledgement of completion by Pakistan… Read More
2 years ago
PM Shehbaz Sharif congratulates COAS on compliance of FATF plans
ISLAMABAD: Prime Minister Shehbaz Sharif has congratulated Chief of Army Staff (COAS) General Qamar Javed… Read More
2 years ago
‘FBR played key role in compliance of FATF’s action plans’
ISLAMABAD: The Federal Board of Revenue (FBR) has stated that the tax body had played… Read More
2 years ago
Explainer: FATF grey list and Pakistan
Political parties claim credit as FATF admits to the completion of the 34 task actions… Read More
2 years ago
Pakistan completes FATF action plan: A ride back in time
Pakistan has completed the 34-point Financial Action Task Force (FATF) action plan, and the process… Read More
2 years ago