Thursday, November 26, 2020

CFT

FATF will undertake next review of Pakistan’s Progress in October

The Plenary Meeting of Financial Action Task Force (FATF) took place at Orlando, USA, from June 16-21. The meeting reviewed the compliance of a number of countries, including Pakistan with the international standards on Anti-Money Laundering and Counter Financing...

SECP launches investor awareness video series at ‘JamaPunji’ portal

The Securities and Exchange Commission of Pakistan (SECP) has launched its first investor awareness video series, based on seven themes: capital market, commodities market, Islamic finance, insurance, mutual funds, anti-money laundering/CFT and company incorporation, through its JamaPunji web portal,...

SECP explains AML/CFT reporting requirements

The Securities and Exchange Commission of Pakistan (SECP) explained that it has rescinded the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) reporting requirements prescribed vide circulars 8, 9 and 10 of 2017 as well as the direction 1...

SECP holds awareness session on implementation of AML/CFT regime

As part of its ongoing awareness campaign, the SECP has organized three awareness sessions for the securities/commodities market, insurance/takaful sector and non-banking financial institutions in Karachi. The sectoral experts were also engaged to provide valuable insights and share their experiences...

FATF group’s crucial visit of Pakistan’s fate for white listing or more time

A well-informed source confirmed that the high leveled team of Financial Action Task Force (FATF) will arrive Islamabad, capital city of Pakistan on Sunday evening. The FATF group during the stay in Pakistan will review the steps taken by...

SECP issues FAQs on implementation of AML,CFT regime

The Securities and Exchange Commission of Pakistan (SECP) has published frequently asked questions (FAQs) on anti-money laundering/countering financing of terrorism (AML/CFT), providing answers to specific questions. The FAQs provide clarifications on the SECP AML/CFT Regulations, 2018, and on guidelines regarding...

SECP holds awareness sessions on AML/CFT obligations

The SECP has conducted a series of five awareness sessions in Karachi, Lahore and Islamabad. The outreach sessions were held to share the findings of the National Terrorism Financing Risk Assessment with the financial institutions regulated by the SECP. These...
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