Pakistan achieves compliant rating in 31out of 40 recommendations of FATF radio.gov.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radio.gov.pk Daily Mail and Mail on Sunday newspapers.
FATF s Asia-Pacific Group acknowledges Pakistan s progress in fight against money laundering
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Pakistan added to the APG s follow-up list .
Meeting 21 recommendations in two years unprecedented Hammad Azhar.
The Financial Action Task Force s (FATF) Asia/Pacific Group on Money Laundering (APG) acknowledged Pakistan s progress to fight corruption in the Mutual Evaluation Report released Friday.
The purpose of the APG is to ensure the adoption, implementation, and enforcement of internationally accepted anti-money laundering and counter-terrorist financing standards as set out in the FATF Forty Recommendations and FATF Eight Special Recommendations.
The group said Pakistan had largely complied with 31 of FATF s 40 recommendations and now the country has been added to the APG s follow-up list .
Numerous amendments to Federal Law 290-FZ on International Companies and International Funds recently entered into force, expanding the opportunities for international companies to redomicile to Russia and for international holding companies to enjoy tax benefits. This article examines the requirements around redomiciliation and the main amendments to the law.
Supreme Court (SC) Starting today, May 31, courts can issue orders that would seize for preservation pieces of property, real or personal, which are suspectedly acquired in violation of the Anti-Money Laundering Act (AMLA) even before the filing of criminal charges against their owners who alleg
FATF and Pakistan - Daily Times dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.