UAE among countries EU plans to remove from ‘high-risk’ money-laundering list The European Commission (EC) it set to remove the UAE from its list of high‑risk jurisdictions which have “strategic... Published 11 Jun, 2025 03:40pm
Pakistan AML, CFT: IMF urges Pakistan to step up efforts ISLAMABAD: The International Monetary Fund (IMF) has called on Pakistan to take urgent steps to bolster its... Published 19 May, 2025 06:15am
Opinion Roadmap to crypto legalization—VI The article is the final piece in a comprehensive series (Pakistan’s roadmap to crypto legalization) outlining a... Published 06 Apr, 2025 05:44am
Print GCDA job: IMF scoping team to confer with SC, JCP officials today To be briefed on the procedure for the appointment of judges and the constitutional and legal matters Updated 11 Feb, 2025 02:46pm
Print EFS, money laundering: PCA South uncovers another Rs478m scam KARACHI: Post Clearance Audit (PCA) South has uncovered another Export Facilitation Scheme (EFS) and money... Updated 24 Dec, 2024 09:39am
Print Intelligence-sharing: FD to ink MoU with FMU and FIU of Belarus ISLAMABAD: The Finance Division would sign memorandum of understanding (MoU) with Financial Monitoring Unit and... Updated 26 Nov, 2024 09:35am
Business & Finance Country urged to enhance AML/CFT framework ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money... Published 12 Oct, 2024 07:45am
Business & Finance Fed terminates 2013 money-laundering enforcement action against Citigroup WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed... Published 02 Oct, 2024 06:19am
Editorials Rise in trade-based money laundering EDITORIAL: An Asian Development Bank (ADB) report revealed that Pakistan’s monthly trade-based money laundering... Updated 16 Sep, 2024 07:33am
BR Research Remittances galore from UAE Despite the month-on-month decline in remittances in June and July this year, remittances have remained on the... Published 13 Aug, 2024 06:44am
Print Nine iron, steel importers laundered money KARACHI: Some nine iron and steel importers have been caught in a massive money laundering worth a staggering Rs 9.7... Updated 10 Aug, 2024 04:23pm
World Global watchdog adds Monaco to money laundering ‘grey list’ PARIS: Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday it had added Monaco... Published 29 Jun, 2024 06:40am
World Turkiye removed from FATF money laundering grey list in boost to standing ANKARA/PARIS: The international crime watchdog Financial Action Task Force (FATF) removed Turkiye from its “grey... Published 28 Jun, 2024 05:42pm
World Anti-money laundering watchdog FATF says India in compliance with its rules NEW DELHI: A global anti-money laundering watchdog said on Friday that India had largely complied with its rules,... Published 28 Jun, 2024 05:27pm
Business & Finance Binance’s CEO Zhao faces sentencing over money laundering violations NEW YORK: The former chief executive of Binance, the world’s largest cryptocurrency exchange, could face years in... Published 01 May, 2024 04:14am
Opinion Corruption, justice and accountability Pakistan’s ranking on the global Corruption Perceptions Index (CPI), announced this week by the Berlin-based... Published 03 Feb, 2024 05:46am
World Malaysia halves jail sentence of ex-prime minister Najib KUALA LUMPUR: Malaysia halved the jail sentence on Friday of former premier Najib Razak, who was convicted of graft... Published 02 Feb, 2024 02:38pm
BR Research Interview with Hazem Mulhim, CEO-Eastnets ‘Pakistan is an emerging and important market for the financial sector’ Hazem Mulhim is the founder and CEO at... Published 18 Dec, 2023 07:15am
Pakistan PBA conducts training session on trade-based money laundering KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade... Published 01 Dec, 2023 04:43am
Pakistan Solar panel scams: PCA facing hardships in pursuing probes KARACHI: The Post Clearance Audit (PCA), South, Karachi is facing serious hardships in pursuing multiple major... Published 26 Nov, 2023 03:31am
Pakistan Directorate of I&I: ‘IOs not following SOPs for issuing call-up notices to money launderers’ LAHORE: The Investigating Officers (IOs) of the Directorate of Intelligence and Investigation (I&I) Inland... Published 23 Nov, 2023 03:19am
Print AML Act: Prior conviction not necessary for predicate offence proceedings LAHORE: Prior conviction of an accused for the predicate offence is not a prerequisite for initiation of proceedings... Updated 19 Nov, 2023 10:19am
Pakistan Money laundering: Farah possesses Vanuatu passport? LAHORE: Investigations have revealed that former first lady Bushra Bibi’s close friend, Farhat Shehzadi alias ... Published 13 Nov, 2023 06:31am
Business & Finance Cash transactions at BB locations: Biometric verification of accountholders a must: SBP KARACHI: The State Bank of Pakistan (SBP) has made Biometric Verification (BV) of accountholders mandatory for all... Published 26 Oct, 2023 06:08am
Print Anti-Benami Adjudicating Authority becomes dysfunctional ISLAMABAD: The Anti-Benami Adjudicating Authority has become dysfunctional and cannot adjudicate/finalise references... Updated 18 Oct, 2023 08:43am
Business & Finance Money laundering: ‘Taxpayers prefer to challenge jurisdiction of income tax department’ LAHORE: Taxpayers involved in money laundering prefer to challenge the jurisdiction of the income tax department... Published 14 Oct, 2023 05:32am
World Money laundering probe: Singapore arrests 10 foreigners, seizes S$1bn assets SINGAPORE: Singapore police have arrested 10 foreigners for alleged money laundering and forgery offences, in a case... Published 17 Aug, 2023 03:49am
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
Opinion A commentary about AML Act AML Authority law, The Parliament legislated on July 3, 2023, the National Anti-Money Laundering and Counter... Updated 10 Aug, 2023 07:13am
Print 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