@SEBI_India issues a clarification w.r.t Mauritius-registered funds after the Financial Action Task Force put the country under 'grey' list. Ajay Rotti of Dhruva Advisors discusses the implications with @Latha_Venkatesh @_soniashenoy
Asia Pacific Group (APG) of Financial Action Task Force (FATF) has concluded that Pakistan has not taken sufficient measures to fully implement UNSCR 1267 obligations against 26/11 mastermind Hafiz Saeed&other terrorists associated with LeT, JuD among other terror groups
FATF President FATF (Financial Action Task Force) President Xiangmin Liu:Pak needs to do more & faster. Pak's failure to fulfill FATF global standards,issue we take very seriously.If by February 2020, Pakistan doesn't make significant progress, it will be put in the 'Black List.'
Vidisha Maitra, First Secy MEA: Will Pakistan deny that Financial Action Task Force has put the country on notice for its violations of more than 20 of the 27 key parameters?And would PM Imran Khan deny to the city of New York that he was an open defender of Osama bin Laden?
Time is almost up. After 2 yrs with no progress, the Financial Action Task Force agreed to re-impose first major financial countermeasure in June if Iran doesn’t implement its counter terrorist financing & money laundering requirements. Congrats on the move