Thursday, 28 June 2018

Breaking: Pakistan blacklisted by the Financial Action Task Force on Money Laundering (FATF)

A global anti-money laundering watchdog took the decision to add Pakistan to the grey list of countries involved in providing monetary assistance to terrorism and related causes. The Financial Action Task Force on Money Laundering (FATF), met in Paris on Wednesday 27 June 2018 and confirmed the decision.

FATF is an intergovernmental organization that maintains grey and black lists for identifying countries that have failed to stop money-laundering and who finance terrorism.

Presenting Pakistan's case at the FATF talks in Paris, Shamshad Akhtar, the interim minister for finance and planning, detailed steps taken by Pakistan to stem money laundering and terror financing. However, these steps appeared not to have been enough as the 37-nation FATF plenary agreed to add Pakistan to the list.

The first-ever Italian having registered an individual company in Afghanistan

The first-ever Italian having registered an individual company in Afghanistan
Special thanks to the Ministry of Industry and Commerce and the Chamber of Commerce and Industries of Afghanistan (ACCI). IvoTONIUT