Financial Action Task Force

Morning Digest | Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore; U.S. had contacts with China over ‘spy balloon’, Pentagon official says, and more

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Morning Digest | Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore; U.S. had contacts with China over ‘spy balloon’, Pentagon official says, and more

Indian Air Force’s aerobatic team ‘Suryakiran’ fly behind, during rehearsals ahead of Aero India 2023 at Yelahanka Air Force base, in Bengaluru on February 11, 2023. | Photo Credit: K. Murali Kumar Aero India 2023 expected to see conclusion of 251 MoUs worth ₹75,000 crore The 14th edition of the biennial Aero India which will see … Read more

Central agencies gear up for FATF mutual evaluations

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Central agencies gear up for FATF mutual evaluations

Government agencies have expedited efforts to further strengthen the anti-money laundering and counter-terror financing frameworks in view of the coming Financial Action Task Force (FATF) assessment of India in the fourth round of mutual evaluations expected later this year. It is learnt that the Financial Intelligence Unit is organising meetings with representatives from sectors like … Read more

Pakistan likely to exit FATF grey list this week after 4 years of scrutiny on terror financing

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Pakistan likely to exit FATF grey list this week after 4 years of scrutiny on terror financing

New Delhi is closely monitoring the FATF decision as a reprieve for Pakistan reflects improvement in the country’s ties with Washington New Delhi is closely monitoring the FATF decision as a reprieve for Pakistan reflects improvement in the country’s ties with Washington Pakistan is expected to be taken off the Financial Action Task Force grey … Read more

Pakistan establishes anti-money laundering and terror financing cell to exit FATF’s grey list

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Pakistan’s anti-corruption watchdog has established an anti-money laundering and terror financing cell to check financial crimes and illegal transfer of resources as the country struggled to exit from the FATF‘s grey list. The Paris-based Financial Action Task Force (FATF) placed Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan … Read more

Pakistan continues in FATF ‘grey list’ despite intense lobbying

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Pakistan did not exit the ‘grey list‘ of the FATF at the endof the anti-terror financing watchdog’s four-day meeting on Thursday as a number of countries were of the opinion that Islamabad has not fullyimplemented the action plan set by the body. The announcement was made by FATF President Dr Marcus Pleyerat a press briefing … Read more