Trends - Anti Money Laundering

Anti Money Laundering

Pakistan and FATF: the next steps

Pakistan was placed on the list of Jurisdictions under Increased Monitoring in 2018 by the Financial Action Task...

Published 05 Aug, 2022 06:27am

Pakistan

Violation of AML laws: SECP imposes penalties on 4 firms

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed penalties on four companies...

Published 03 Aug, 2022 04:55am

World

UK publishes anti-money laundering regime review

LONDON: Britain’s finance ministry published on Friday a review of the country’s anti-money laundering rules and...

Published 25 Jun, 2022 04:42am

Opinion

FATF & real estate reforms

The real estate sector is an attractive sector for money launderers. They conceal their illegitimate earnings,...

Published 25 Mar, 2022 05:47am

Opinion

Pakistan’s long FATF ordeal

The world has evolved into a global village due to technological advancements, connectivity and integration with ...

Published 18 Feb, 2022 04:31am

Opinion

Pakistan deserves recognition

Pakistan’s progress in handling the threat of terrorism and curtailing it significantly is a success story in...

Updated 31 Dec, 2021 11:46am

Opinion

FATF: no respite for Pakistan

Once again, our efforts towards the fulfillment of the agenda of Finical Action Task Force (FATF) have fallen short...

Published 05 Nov, 2021 04:39am

Pakistan

Pakistan has learnt a lot from FATF challenge: minister

ISLAMABAD: Minister for Energy Hammad Azhar on Wednesday said Pakistan was near completing the action plans given by...

Updated 04 Nov, 2021 10:28pm

Business & Finance

AML/CFT domains: Pakistan, NZ agree to enhance bilateral cooperation

ISLAMABAD: Pakistan and New Zealand, on Wednesday, agreed to enhance bilateral cooperation in Anti-Money Laundering...

Published 14 Oct, 2021 04:14am

Opinion

Our national priorities

The claws of corruption have engulfed us, and its force is getting stronger with each passing day. Although the...

Published 06 Aug, 2021 04:18am

Business & Finance

SBP imposes Rs525.244m penalty on 8 banks

KARACHI: The State Bank of Pakistan (SBP) has imposed a Rs 525.244 million penalty on eight banks during the quarter...

Published 06 Aug, 2021 04:18am

Opinion

Anti-money laundering law and concealment of income liable to tax

In the first part of this series of articles on anti-money laundering (AML) laws it has been demonstrated that the...

Published 14 Jul, 2021 03:59am

Opinion

Understanding the AML law

Last month, the Financial Action Task Force (FATF) announced that Pakistan would continue to remain on its grey ...

Published 07 Jul, 2021 04:28am

Anti-money laundering action plan now one more requirement: Pakistan remains on FATF grey list

ISLAMABAD: The Financial Action Task Force (FATF) has announced to retain Pakistan on its “grey list” and given...

Published 26 Jun, 2021 03:24am

Govt vows full compliance

ISLAMABAD: Pakistan on Friday, vowed to comply with the one remaining point on the Financial Action Task Force’s...

Published 26 Jun, 2021 03:24am

Business & Finance

FATF: Pakistan’s progress to be reviewed

Five-day virtual plenary commences in Paris

Published 22 Jun, 2021 05:42pm

FO reaffirms resolve to strengthen AML/CFT regimes

ISLAMABAD: The Foreign Office, on Thursday, reaffirmed Pakistan’s resolve to further strengthen its Anti-Money...

Published 18 Jun, 2021 04:16am

Pakistan

Azhar to continue as Chairman of NCG of AML, CFT

ISLAMABAD: Owing to the recent change of portfolios in the Prime Minister’s Cabinet, the Cabinet Division,...

Published 06 May, 2021 03:49am

Pakistan

Tarin briefed on FATF action plan progress

ISLAMABAD: Lubna Farooq Malik, Director General, Financial Monitoring Unit (FMU), on Tuesday, briefed the Minister...

Updated 28 Apr, 2021 10:08am

Pakistan

Earth Day marked: NFEH for tree plantation drive across country

KARACHI: The National Forum for Environment and Health (NFEH) has urged the federal and provincial governments to...

Updated 22 Apr, 2021 09:50am

Pakistan

Terror financing: FATF to decide Pakistan's fate today

The overall performance shows that Pakistan has improved compliance on two out of 40 recommendations of the FATF on effectiveness of anti-money laundering and combating financing terror (AML/CFT) systems
The FATF finds Pakistan’s progress non-compliant on four counts, partially compliant on 25 counts and largely compliant on nine recommendations

Published 25 Feb, 2021 12:41pm

Pakistan

Instructions to regulated entities: SECP extends time period up to April 30

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has extended time period up to April 30, 2021...

Published 18 Feb, 2021 04:08am

Markets

ECB's Lagarde calls for regulating Bitcoin's ‘funny business’

Lagarde did not provide specific examples of money laundering cases but said she understood there had been criminal investigations into illegal activity. She did not elaborate.

Published 14 Jan, 2021 01:11pm

Jewellers, accountants, developers/builders: Certain officials empowered to monitor and document

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered certain officials of the Directorate General of...

Updated 07 Jan, 2021 04:05am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.94
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 30	4050.83
Nasdaq / Mar 30	12013.47
Dow Jones / Mar 30	32859.03
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7628.03
Germany DAX 30 / Mar 31	15561.26
France CAC40 / Mar 31	7285.79

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Crude Oil USD/Barrel / Mar 31	74.31
Gold Spot USD/Ounce / Mar 31	1979.09
Cotton US¢/pound / Mar 31	83.42

Anti Money Laundering

Most Popular Articles