FINANCIAL ACTION TASK FORCE ON MONEY LAUNDERING
In balancing act, Pakistan to host Recep Tayyip Erdogan in Feb
Turkish President Recep Tayyip Erdogan, who had alleged that Pakistan skipped the Kuala Lumpur Summit under Saudi pressure, will visit Islamabad in February.
India, US agree to further expand bilateral strategic cooperation at second 2+2 dialogue
Industrial Security Annex (ISA) and three agreements...
Nobody can say Pakistan fulfilled its commitment on FATF: French envoy
The Paris-based international terror financing watchdog, which kept Pa...
Why has Pakistan indicted Hafiz Saeed, India's most wanted, now?
Saeed's indictment comes amidst growing pressure on Pakistan to rein-in terror groups and bring to justice terror group leaders. The indictment comes less than a week after Islamabad submitted a report to the FATF, which, in October, had kept the country on the Grey List, asking that it take more concrete steps to avoid being put on the Black List.
US asks Pakistan to ensure "full prosecution" and "expeditious trial" of Hafiz Saeed
The US reaction came hours after an anti-terrorism court in Lahore indicted Saeed and three of his top aides Hafiz Abdul Salam bin Muhammad, Muhammad Ashraf and Zafar Iqbal on terror financing charges. "We welcome the indictment of Hafiz Saeed and his associates," Alice G Wells, the Acting Assistant Secretary of State for South and Central Asia, tweeted.
Why India's Pakistan policy needs a rethink
From Washington through European capitals to Moscow, Beijing and Tokyo, the world is taking a more relaxed view of Pakistan. At the same time, the view about India is taking a beating. Apart from major powers and the developed economies, almost all of India’s neighbours are also willing to carry on business as usual with Pakistan. Why?
Australia to cease all bilateral aid to Pakistan
The report titled 'Aid Program Performance report 2018-19 on Pakistan' said Pakistan bilateral aid programme will be reduced to 19 million Australian dollars in 2019-20, and will fully phase out during 2020-21. Pakistan is one of the poorest countries in Asia and was placed 150 out of 178 nations on the most recent United Nations Human Development Index.
India and Japan ask Pakistan to take concrete action against terror infrastructure
The two countries specifically called upon Islamabad to "fully comply" with its international commitments to deal with terrorism including the steps prescribed by the Financial Action Task Force (FATF), the global anti-terror watchdog.
Sebi informs market stakeholders about FATF's sanctions against North Korea, Iran
The development comes following a global caution notice from the FATF.
New norms to ease restrictions on FDI by joint ventures of Indian companies
To increase the flow of foreign funds, govt may ease restrictions on FDI by JVs or WOS of an Indian company.
BRICS urge concerted efforts to fight terror under International law
We recognize progress made in BRICS cooperation in counter-terrorism and welcome the results of the Fourth Meeting of the BRICS Counter-Terrorism Working Group,including the establishment of thematic sub-working groups and the holding in Brasília of the Seminar "BRICS Strategies for Countering Terrorism".
India calls for united global effort against terror financing
Addressing the inaugural session of the 'No Money For Terror' conference, Union Minister of State for Home G Kishan Reddy expressed India's concern over the tacit support some nations are extending to terror groups. There is a need for a united global effort against all those who support terror or help generate finances for terrorism, he said.
US report pulls up Pakistan for failing to limit Lashkar, Jaish
The report said that although Pakistan’s laws comply with international anti-money laundering and terrorism financing standards, the “authorities failed to uniformly implement UN sanctions related to designated entities.
East Asia Summit vows to step up anti-terror cooperation
The East Asia Summit is the premier forum in the Asia-Pacific region to deal with issues relating security and defence.
RBI bans use of agents to chase loans
The regulatory decision is aimed at reducing data theft and minimising operational risk for banks
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