Tuesday, 7 December 2021

Tag Archives: Financial Action Task Force

Brussels mulls adding Saudi Arabia to EU dirty money blacklist

BRUSSELS: The European Commission proposed adding seven countries including Saudi Arabia to the European Union’s (EU) money laundering blacklist of governments that do too little to thwart the financing of terrorism and organised crime. The new countries targeted by the commission, including Saudi Arabia and Panama, would join another 16 ...

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China rejects FATF’s move of putting Pakistan on grey list

BEIJING: China has vehemently rejected the reported move by the Financial Action Task Force (FATF) of putting Pakistan on Global Funding Terrorism Watch List. Chinese Foreign Ministry spokesman Lu Kang, at a weekly news briefing, showed his strong opposition to FATF’s move, stating that Pakistan’s efforts on the issue of counter-terrorism ...

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FATF decides to keep Pakistan on grey list

PARIS: Pakistan has been added to the grey list of countries involved in aiding financial assistance to terrorism money laundering after a Wednesday meeting of the Financial Action Task Force on Money Laundering (FATF) confirmed the decision. Interim minister of finance, Dr Shamshad Akhtar, briefed FATF of the steps which ...

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Pakistan not mentioned in FATF grey list

PARIS/ISLAMABAD: Contrary to speculations, Pakistan doesn’t feature on the watchlist of Financial Action Task Force (FATF), a global money-laundering watchdog. Earlier in the day, there were speculations that FATF has placed Pakistan back on its terrorist financing watchlist. However, FATF has finally announced outcome after a week-long session concluded in ...

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