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fatf

FATF strategic initiatives & Pakistan

The fourth, three-day plenary session of the Financial Action Task Force (FATF) concluded on October 27, 2023, with...

Updated 03 Nov, 2023 07:12am

World

FATF adds Bulgaria to ‘grey list’

PARIS: The Financial Action Task Force (FATF) international crime watchdog said on Friday it has added Bulgaria to...

Published 28 Oct, 2023 05:58am

Opinion

Combatting rising human trafficking

Migrant smuggling is a deadly business operated by groups that seek to profit from thousands of people, without any...

Published 06 Oct, 2023 03:03am

Opinion

Perpetual failure under AML-CFT regime

Our defective governance system has rendered the state and nation susceptible to numerous internal and external...

Published 29 Sep, 2023 06:24am

Pakistan

Mentally challenged persons: SECP places new regulatory framework for account opening

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has placed a new regulatory framework for...

Updated 27 Sep, 2023 06:31am

UK watchdog kicks off ‘politically-exposed persons’ review

LONDON: Britain’s Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they ...

Updated 15 Aug, 2023 09:20am

Opinion

New AML/CFT Authority

The series of challenges faced by Pakistan has no end. Besides political and economic hurdles, Pakistan’s most...

Published 11 Aug, 2023 05:17am

Money laundering, terror financing challenges: Senate passes law to establish authority

ISLAMABAD: A day after getting approval from the National Assembly, the Senate on Friday passed a law amid...

Updated 05 Aug, 2023 09:52am

Opinion

The corruption challenge

The Federal Board of Revenue (FBR) issued regulations granting banks access to asset declarations of high-level...

Updated 04 Aug, 2023 06:43am

FATF’s grey and black lists: Bill aimed at fully insulating country passed

National Assembly passes the National Anti-Money Laundering and Counter Financing of Terrorism Authority Bill, 2023

Updated 04 Aug, 2023 10:00am

World

UAE to set up anti-money laundering bodies amid scrutiny

DUBAI: The UAE announced plans on Sunday to establish judicial bodies to prosecute money laundering and financial...

Published 30 Jul, 2023 10:57pm

World

Vietnam on financial grey list over weapons-proliferation risks

HANOI: Vietnam was added to the watch list of the FATF international financial crime watchdog, which said the nation...

Published 24 Jun, 2023 11:49am

Business & Finance

Single-country exhibition in Istanbul: Turkiye’s CG asks KCCI to look into possibility

KARACHI: Consulate General of the Republic of Turkiye Cemal Sangu has advised the Karachi Chamber and Commerce of...

Published 01 Jun, 2023 03:34am

World

Indian regulators step up scrutiny ahead of review by global money laundering watchdog

India’s top financial regulators are asking entities from mutual funds to brokers to banks to tighten their...

Published 30 May, 2023 03:45pm

Govt rules out negotiations with Imran

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Saturday ruled out negotiations with ...

Updated 28 May, 2023 08:42pm

Business & Finance

Pakistan taken off FATF’s ‘grey’ list due to hectic efforts of FIA, FCCI told

FAISALABAD: Pakistan has come out of the FATF grey list due to the dedicated efforts of the Federal Investigation...

Published 20 May, 2023 05:59am

FBR needs to work harder to help country sustain its ‘off grey list’ status

ISLAMABAD: The Federal Board of Revenue (FBR) is required to enhance its efforts to effectively deal with the cases...

Updated 08 May, 2023 09:03am

World

UAE needs time to show effectiveness to exit financial crime grey list: official

LONDON: The United Arab Emirates needs time to demonstrate the effectiveness and enforcement of policies introduced...

Published 26 Apr, 2023 06:15am

World

UAE needs time to show effectiveness to exit financial crime grey list: official

LONDON: The United Arab Emirates needs time to demonstrate the effectiveness and enforcement of policies introduced...

Published 25 Apr, 2023 08:07pm

BR Research

A mixed scorecard

In recent years, Pakistan’s economic survival has been increasingly linked with the conduct of its foreign policy....

Published 17 Apr, 2023 08:43am

Opinion

Disclosure principles of ‘beneficial ownership’

It is common practice across the globe that anonymous shell companies are formed to hold funds or conduct financial...

Published 24 Mar, 2023 05:55am

Pakistan

Accused with links abroad: FBR to send MLA requests to foreign jurisdictions

ISLAMABAD: The Federal Board of Revenue (FBR) will send the "Mutual Legal Assistance (MLA) requests to the foreign...

Published 23 Mar, 2023 05:47am

Opinion

New FATF guidelines: Shell companies and beneficial ownership

Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation ...

Updated 17 Mar, 2023 06:42am

Opinion

FATF: upcoming challenges

The first meeting of the Financial Action Task Force (FATF) after Pakistan’s exit from the list of jurisdictions...

Updated 03 Mar, 2023 06:55am

World

Anti-money laundering group suspends Russia: FATF

PARIS: Global anti-money laundering watchdog the Financial Action Task Force said on Friday it has suspended...

Published 24 Feb, 2023 07:40pm

Opinion

Countering illicit financial flows

The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The...

Updated 24 Feb, 2023 06:34am

Pakistan

4th Financial Crime Summit held: Alvi exhorts stakeholders to make joint efforts for easing financial crisis

KARACHI: President of Pakistan Dr Arif Alvi has said that all the stakeholders needed to display cooperation and...

Published 15 Jan, 2023 04:01am

Pakistan

Pakistan moving into 2023 without any default: analyst

KARACHI: The year 2022 while bidding farewell with some unpleasant memories, has brought some good news too that is...

Updated 01 Jan, 2023 01:16pm

Pakistan

FO reacts strongly to India’s MEA remarks about Bilawal

Reminds New Delhi of the shameful story of mass killings, lynching, rape, and plunder in the 2002 Gujarat massacre

Updated 18 Dec, 2022 09:43am

Pakistan

Reko Diq case: Fawad says SC’s verdict adds to PTI govt’s achievements

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Friday said that the apex court’s decision on...

Published 10 Dec, 2022 08:00am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 9 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 9 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 9 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 9 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 9 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 9 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 9 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 9 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 9 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 9 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 9 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 9 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 9 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 9 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 9 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 9 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 9 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 9 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 9 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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