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
Opinion ‘Beneficial Owner’ “Beneficial owner refers to the natural person(s) who ultimately owns or controls a customer and/or the natural... Updated 09 Dec, 2022 06:36am
Business & Finance Workshop on FATF regulations held HYDERABAD: The Hari Welfare Association and Blue Veins jointly organised a capacity building workshop at Nawabshah,... Published 07 Dec, 2022 05:54am
Editorials The real state of real estate EDITORIAL: In a recent speech, former Prime Minister (PM) Imran Khan (IK) hit out at the ‘mafias’ in the ... Published 26 Nov, 2022 04:13am
Pakistan Reko Diq reference: Proposed foreign investment bill aimed at ensuring economic growth, SC told ISLAMABAD: The additional attorney general (AAG) informed the Supreme Court that the underlining objective of the... Published 24 Nov, 2022 04:28am
Pakistan FO rejects baseless charges levelled by Indian leaders ISLAMABAD: Pakistan on Monday rejected baseless propaganda and irresponsible remarks by Indian leadership at the... Published 22 Nov, 2022 03:23am
Business & Finance Country should be part of FATF system: Bilawal ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Friday said that Pakistan should be part of the Financial... Published 19 Nov, 2022 05:49am
Pakistan Dates of Saudi crown prince’s visit being finalised: FO ISLAMABAD: Foreign Office on Thursday explained that it had never announced the dates of the now postponed visit of... Published 18 Nov, 2022 05:53am
Opinion Environmental sustainability under EU’s GSP+ — II Pakistan has ratified all conventions related to climate change and ozone depleting substances (ODSs). The global ... Updated 17 Nov, 2022 06:51am
Pakistan UK removes Pakistan from its ‘High Risk Third Countries’ list KARACHI: Foreign Minister Bilawal Bhutto-Zardari Monday shared “some good news”, announcing that the United... Published 15 Nov, 2022 05:52am
Opinion Confiscation and recovery of assets EDITORIAL: Countries should consider adopting measures that allow such proceeds or instrumentalities to be... Published 04 Nov, 2022 05:56am
Opinion Exit from FATF ‘grey list’ “The FATF welcomes Pakistan’s significant progress in improving its AML/CFT regime. Pakistan has strengthened ... Updated 28 Oct, 2022 06:30am
Markets Rupee falls 0.43% against US dollar as political temperature rises Currency ended its three-session appreciation run to settle at 220.68 against US dollar Updated 26 Oct, 2022 06:57pm
Opinion Emerging economic stability The balance of payments (BOP) for the first quarter Jul-Sep is encouraging for the stability of the economy. There... Published 26 Oct, 2022 05:52am
Business & Finance HCCI president calls for improving political environment HYDERABAD: President of Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has urged the government and ... Published 25 Oct, 2022 06:46am
Business & Finance EU envoy says she’s overjoyed at FATF’s decision LAHORE: Ambassador of European Union Dr Riina Kionka on Monday said that we are overjoyed with the announcement that... Published 25 Oct, 2022 05:51am
Editorials Country out of FATF’s inglorious ‘grey list’ EDITORIAL: Pakistan was taken out of the ‘grey list’ by Financial Action Task Force (FATF) against money... Published 25 Oct, 2022 05:51am
Markets Rupee registers back-to-back gains, settles at 220.41 against US dollar Currency appreciates 0.20% as market sentiments improve after Pakistan's removal from the FATF grey-list Updated 24 Oct, 2022 06:57pm
Print Removal from FATF ‘grey’ list to augur well: businesspeople ISLAMABAD: Hailing Financial Action Task Force’s (FATF) decision of Pakistan’s removal from the grey list, the... Updated 24 Oct, 2022 09:40am
Business & Finance FBR played key role in completing tasks under FATF action plans ISLAMABAD: Like many other governmental organizations, FBR has played a key role in completing the FATF action plans... Published 24 Oct, 2022 05:45am
Business & Finance FATF: Businessmen Panel attributes country’s success to ‘successive’ govts’ efforts LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BP) has described the... Published 24 Oct, 2022 05:45am