Tag: FATF
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‘Of course’: Bilawal confirms he shook hands with Indian FM but no bilateral engagement held
Pakistani Foreign Minister (FM) Bilawal Bhutto-Zardari, who just wrapped up his visit to Goa, said that he did shake hands with his Indian counter partner S. Jaishankar at a dinner that was held in an unofficial capacity. During an interview with India Today, Bilawal said, “In all our unofficial engagements we always shake hands and…
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EU removes Pakistan from its high-risk third countries list
The European Union (EU) has officially removed Pakistan from its “List of High-Risk Third Countries” due to the country’s successful implementation of measures to address the strategic deficiencies in their Anti Money Laundering/Countering the Financing of Terrorism (AML/CFT) regime. This means that Pakistani businesses and individuals will no longer be subjected to “Enhanced Customer Due…
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Farwell visits: General Bajwa meets PM, President one day before retirement
Prime Minister (PM) Shehbaz Sharif met the outgoing Chief of Army Staff (COAS) General Qamar Javed Bajwa in Islamabad on Monday as a part of the army chief’s farewell visits. During the meeting between the two, the Premier commended General Bajwa’s services and said that he played an exemplary role in bringing Pakistan out of…
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‘Certified liar and a thief’: PM Shehbaz berates Khan after his disqualification
Prime Minister (PM) Shehbaz Sharif has said that his predecessor, Chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan, had been proven to be a “certified liar and a thief”. However, he cautioned that this was not a moment of happiness, but one of “reflection”. The Premier’s comments came after Khan’s disqualification in the Toshakhana reference for…
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Pakistan’s removal from FATF grey list to help with its reputation and IMF’s next review
Experts predict that the country’s reputation would recover and it would get a credit rating upgrade from international agencies as Pakistan was taken off the Financial Action Task Force (FATF) list of nations under increased monitoring. According to Geo, the removal will allow Pakistan to smoothly complete the forthcoming review of the IMF’s Extended Fund…
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Pakistan likely to exit FATF grey list after 4 years
Pakistan is expected to leave the Financial Action Task Force (FATF) grey list on October 21 after topping the dreaded chart for over four years. According to Dawn, a 15-member team of the money-laundering watchdog concluded its onsite visit to Pakistan on September 2, with the final decision on the country’s grey list status now…
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Who is responsible for getting Pakistan off the ‘terror watch list’?
After years of relentless hard work, Pakistan finally received a positive response from the Financial Action Task Force (FATF). The country is finally close to its removal from the global money-laundering and terrorist financing watchdog’s ‘grey list’. This for sure is a huge win for the country. This was made possible after countless days and…
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‘Never want to slip into this again’: Hina Rabbani Khar on FATF grey list
Minister of State for Foreign Affairs Hina Rabbani Khar on Saturday addressed a press conference following the announcement by the Financial Action Task Force (FATF). “Pakistan’s positive and speedy progress was greatly appreciated and welcomed by FATF members,” she said. “All action plans items have been ticked off, largely addressed, and nothing is pending.” “It…
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90 per cent institutions, including PM Khan’s office, decline RTI requests
The majority of government institutions and departments have declined to respond to hundreds of queries by Geo News, which were sent to them under the Right To Information (RTI) laws, Investigative Reporter Zahid Gishkori reports for The News. According to the Punjab Information Commission, RTI is the right that you have, as a citizen, to…
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US says it recognises and supports Pakistan’s continued efforts to satisfy FATF
During a regular press briefing, the United States (US) State Department’s spokesperson Ned Price said, “We do recognise, and we support Pakistan’s continued efforts to satisfy the Financial Action Task Force (FATF) obligations,” reported Geo News. This statement comes after Indian External Affairs Minister S Jaishankar admitted that Pakistan is on the grey list of…