The decision enhances the country’s global reputation, strengthens confidence in its financial system and national framework for combating money laundering…reports Asian Lite News UAE President His Highness Sheikh Mohamed bin…
This collaboration aims to safeguard the integrity of the UAE’s financial ecosystem through enhanced policies, procedures, and controls to effectively manage the risks of money laundering and terrorist financing, the…
Sheikh Abdullah added, “The UAE’s economy is one of the fastest growing economies across the world…reports Asian Lite News The Financial Action Task Force (FATF), the international organisation in charge…
Pakistani authorities, had in the past claimed Sajid Majeed Mir had died, but Western countries remained unconvinced and demanded proofs of his death, reports Asian Lite News As Pakistani officials…
The ministers pledged to promptly implement the FATF’s global beneficial ownership rules to stop criminals from hiding their illicit activities and dirty money behind anonymous shell companies and other corporate…
The reality is however contrary to every assertion being made by Pakistan before the FATF. Not only has Pakistan not cleaned up its act on AML/CFT, but it also has…
Malik said the confession by the Indian foreign minister had raised a big question on the integrity and transparency of FATF…reports Asian Lite News Former Pakistan Interior Minister Rehman Malik…
FATF too expressed concern about the current evolving money laundering and terrorist financing risk environment in Afghanistan…reports Mrityunjoy Kumar Jha Once again, the Financial Action Task Force (FATF) has failed…
In the previous session in June this year, Pakistan was retained on the FATF ‘grey list’ for failing to effectively implement the global FATF standards…reports Asian Lite News The Financial…
