Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur announced plans to expose India at the Financial Action Task Force (FATF). He said India misrepresented his statement at FATF by taking it out of context. Gandapur accused the Indian government of involvement in terrorism in Pakistan and the wider region. He stated Pakistan will send a letter […]
FATF
India uses Gandapur’s statement against Pakistan at FATF
India has submitted a statement by Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur to the Financial Action Task Force (FATF) as alleged evidence against Pakistan, according to FATF officials. Gandapur had publicly claimed that “we arrest Taliban members, but institutions release them,” a remark that India is now using to support its long-standing narrative that […]
Rupee gains on FATF’s verdict
The second consecutive session for the continuous recovery of Pakistani Rupees against the United States Dollar which is Rs0.43 against the US dollar in the interbank market is a good go. Rupee gains on FATF’s verdict. The released data by the State Bank of Pakistan (SBP) indicates that the local currency closed at Rs220.41 per […]
FATF will soon remove Pakistan from grey list: Ishaq Dar
WASHINGTON: Finance Minister Ishaq Dar hoped that Pakistan will come off of the Financial Action Task Force’s (FATF) grey list as the watchdog is expected to announce its decision after making an onsite visit earlier last month. In June, Pakistan completed FATF’s action plans but the watchdog still kept the nation on the grey list […]
Pakistan rejects India’s remarks on Bilawal’s press stakeout in Germany
ISLAMABAD: Pakistan on Sunday rejected the unwarranted remarks made by the official spokesperson of the Indian Ministry of External Affairs (MEA) on the recent joint press stakeout of the Foreign Ministers of Pakistan and Germany, during the official visit of Foreign Minister Bilawal Bhutto Zardari to Berlin. The Foreign Office in a statement here said, […]
ANP Punjab laud efforts for removing Pakistan from FATF grey list
PESHAWAR: Awami National Party (ANP) Punjab on Saturday lauded the efforts made by the federal government for removing the country from the grey list of Financial Action Task Force (FATF). ANP Punjab General Secretary Amir Bahadur Hoti in a statement issued here said the government had ensured fulfillment of all FATF requirements in order to […]
Pakistan to exit FATF grey list this year: Tarin
ISLAMABAD: The Federal Minister for Finance and Revenue, Shaukat Tarin said that Pakistan would exit from the grey list of Financial Action Task Force (FATF) this year as it has already achieved almost all targets set by the task force. “We have completed 26 conditions out of 27 of the action plan,” the minister, who […]
Pakistan to approach FATF president against India’s confessions of manipulating FATF forum
ISLAMABAD: Pakistan on Monday said it was considering approaching the president of Financial Action Task Force (FATF) for an appropriate action against the government of India after its confessions of politicizing the forum. “Following the recent confession by Indian government, India’s credentials for assessing Pakistan in FATF as co-chair of the Joint Group or for […]
Pakistan: Dissecting FATF Failure
The incompetence and lack of understanding of the incumbent government has once again proven fatal as all their efforts to shift Pakistan from the list of jurisdictions with increased monitoring (grey list) to countries enjoying the status of cooperative jurisdictions were rendered futile. Repeated fiascos of coalition Government of Pakistan Tehreek-i-Insaf (PTI) on Financial Action […]
EU encourages Pakistan to follow steps outlined by FATF to curb money laundering
BRUSSELS: The European Union (EU) has said that the fight against money laundering is its top priority. It is why, the EU says, they encourage all countries, including Pakistan, to follow the steps outlined by the Financial Action Task Force (FATF). The statement from the EU came after its spokesperson was asked why Pakistan has […]