Page 6 - Combating Financing News Today

Politics Published 15.05.2021 318 The OSCE Centre in Ashgabat presented the Second National Risk Assessment (NRA-2) Report on Anti-Money Laundering, Combating Financing of Terrorism and the financing of Proliferation of Weapons of Mass Destruction (AML/CFT/PWMD) in Turkmenistan and its Risk Management Action Plan (RMAP). The virtual meeting, organized by the OSCE Centre in Ashgabat, in close c...

ISLAMABAD: The Pakis­tan Bar Council (PBC) on Fri­day expressed serious concern and reservations over proposed amendments to the Anti-Money Laundering and Combating Financing of Terrorism (AML-CFT) Regulations for Lawyers and other independent Legal Pro­fessions (DNFBPs), 2021, and Oversight Body Regu­lations for Self-Regulatory Body (SRB) of Lawyers (DNFBPS), 2021. The laws require legal professionals to disclose cer­tain information which, the PBC considers, are patently against the Con...

PBC for COVID vaccination centers in courts National May 8, 2021 ISLAMABAD: The Pakistan Bar Council (PBC) on Friday rejected the draft bill of The Anti-Money Laundering and Combating Financing of Terrorism AML-DFT Regulations for Lawyers and Independent Legal Professions 2021 and Oversight Body Regulations for Self-Regulatory Body of Lawyers 2021. The 233rd meeting of the Pakistan Bar Council was held in its office at the Supreme Court building, chaired by its vice-chairman. It deliberated u...

National May 8, 2021 ISLAMABAD: The Pakistan Bar Council (PBC) on Friday rejected the draft bill of The Anti-Money Laundering and Combating Financing of Terrorism AML-DFT Regulations for Lawyers and Independent Legal Professions 2021 and Oversight Body Regulations for Self-Regulatory Body of Lawyers 2021. The 233rd meeting of the Pakistan Bar Council was held in its office at the Supreme Court building, chaired by its vice-chairman. It deliberated upon the provisions contained in the draft bil...

Maurice Info Search Les membres du Cabinet ont pris note de l’introduction du Local Government (Amendment) Bill au parlement prochainement, l apromulgation du Gambling Regulatory Authority (Personal Management Licence) (Amendment) Regulations 2021 concernant l’organisation des courses hippiques à Maurice, de la sinature de Mou Par le Mauritius Meteorological Services entres autres. 1. Cabinet has agreed to the introduction of the Local Government (Amendment) Bill into the National Assemb...

Punch Newspapers Sections Published 5:05 am Three financial services regulators in the country have sanctioned 10 of the nation’s lenders to the tune of N2.5bn for committing various market infractions, findings by Sunday PUNCH have shown. Specifically, the Central Bank of Nigeria, Securities and Exchange Commission and Financial Reporting Council of Nigeria have sanctioned Guaranty Trust Bank Plc, Zenith Bank Plc, Access Bank Plc, FBN Holdings Plc, FCMB Group and five others for diverse mar...

Nominee Company A Nominee for the purpose of this Regulation is a company formed by a bank or other financial institution for the purpose of holding securities and other assets and administering them on behalf of the actual owners under the terms of a custodial or nominee agreement.   Holding Company/Parent Company: For the purpose of these rules, means a bank or other eligible financial institution that owns and controls a nominee company.   Client: Means a person who has entered into agr...

National Financial Action Task Force to Include FBR Officials In order to effectively combat the menace of money laundering, the National Financial Action Task Force (FATF) Secretariat will be equipped with the experienced tax officials of the Federal Board of Revenue (FBR). The Establishment Division has written a letter to the Chairman FBR Javed Ghani that FATF Secretariat urgently requires the services of suitable officials for posting as Directors and Deputy Directors on a deputation basis....